One of America’s largest gun makers, Remington, is set to be out of bankruptcy

After a court hearing in Delaware on Wednesday, Remington Outdoor is expected to finalize its bankruptcy proceedings by the end of the month. A bankruptcy judge has granted its reorganization plan, which will include elimination of its $775-million debt and transfer of ownership to creditors, one of them being JPMorgan.

 
 
The Editors

The Editors

The BCBusiness editorial team lives for big ideas, bold entrepreneurs and the business stories that make B.C. tick.