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Remington Auctioned Off to Seven Bidders in Bankruptcy Court

  • Gun maker filed for bankruptcy again in July after sales fell
  • The stalking horse bidders will each buy portion of business
Inside the National Rifle Association (NRA) Annual Meetings & Exhibits

Photographer: Daniel Acker/Bloomberg

Remington Outdoor Co., the 200-year-old gun maker that filed for bankruptcy again in July, has been auctioned off in court.

Seven bidders will each purchase a portion of the company’s businesses, according to a filing in the northern district of Alabama.