If it's like this one & not a Custom Shop unit, I figure you just might pull 'er off. Here's hoping.
View attachment 420241
That's the one I want!
Remington tells employees Do not come back to work
- Thread starter John Y Cannuck
- Start date
That's the one I want!
Didn't Remington largely get a grip on that? I know when Remington first took over Marlin there were a lot of issues, but my understanding was they had largely resolved those issues? You certainly don't see the threads about them like you did 5 years ago...
I owned a Chrysler Dealership for many years and was ultra successful, when Cerberus bought Chrysler, it went into the tank, they sold off the paid for plants, transferred debts and sold off a bunch of great designs that never got built, I was able to sell my store for a good profit and have been a relaxed Toyota Dealer ever since.
- Location
- The Conservative part of Ontario
Cerberus is is an investment company, for them, it's all about making money as fast as possible IMO. They could care less about the long term objectives of the corporate entities they own, or their customers.
bearkilr
CGN Ultra frequent flyer
- Location
- Nowhere, ......just past the middle
Cabela's had gone public and ceased to be a family operation long before their sale to Bass Pro. They were basically forced to sell by their investors.
Cabela's was a public company, but the family held approximately 1/4 of the shares. The company were under pressure from activist investors due to falling revenues and high real estate costs. Some elderly family members had expressed a wish to divest.
Still, ultimately a willing sale agreed by the Cabela's board and shareholders, not a bankruptcy.
Nothing like Remington's case - a brutal dispersal that will yield little to the debt holders since the court has yet to decide on claims of the Sandy Hook lawsuit.
Still, ultimately a willing sale agreed by the Cabela's board and shareholders, not a bankruptcy.
Nothing like Remington's case - a brutal dispersal that will yield little to the debt holders since the court has yet to decide on claims of the Sandy Hook lawsuit.
just having some fun
CGN Ultra frequent flyer
From h t tps://ruger.com/corporate/marlin.html
September 30, 2020
Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.
"The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up," said Ruger President and CEO Chris Killoy. "The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings."
The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.
"The important thing for consumers, retailers and distributors to know at this point in time," continued Killoy, "is that the Marlin brand and its great products will live on. Long Live the Lever Gun."
September 30, 2020
Sturm, Ruger and Company, Inc. (NYSE: RGR) announced today that its offer to purchase substantially all of the Marlin Firearms assets was accepted by Remington Outdoor Company, Inc. and approved by the United States Bankruptcy Court for the Northern District of Alabama. The Company will pay the $30 million purchase price from cash on hand at the time of closing, which is expected to occur in October.
"The value of Marlin and its 150-year legacy was too great of an opportunity for us to pass up," said Ruger President and CEO Chris Killoy. "The brand aligns perfectly with ours and the Marlin product portfolio will help us widen our already diverse product offerings."
The transaction is exclusively for the Marlin Firearms assets. Remington firearms, ammunition, other Remington Outdoor brands, and all facilities and real estate are excluded from the Ruger purchase. Once the purchase is completed, the Company will begin the process of relocating the Marlin Firearms assets to existing Ruger manufacturing facilities.
"The important thing for consumers, retailers and distributors to know at this point in time," continued Killoy, "is that the Marlin brand and its great products will live on. Long Live the Lever Gun."
- Location
- The Conservative part of Ontario
^^^ Glad to see that. I hope they do a far better job than Remington did with the line, particularly better than Remington's first efforts with Marlin.
