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Article Date: September 2020
Word Count: 116

Remington Gets Offer for Ammunition Business


The bankrupt gunmaker selected JJE Capital Holdings, LLC as its stalking horse bidder, but its $65 million bid is only for the assets of Remington’s ammunition business. The purchase would include the Lonoke, AR, ammunition factory, intellectual property, including 198 U.S. and international trademarks and 30 patents related to the ammo business. JJE will also assume liabilities related ... Log in to view full article.

 


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