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

Darcy Matheson is the Editor-in-Chief at BCBusiness. Mihika Agarwal is the Senior Editor, and Kristi Alexandra is the Managing Editor.