U.S. gunmaker Remington emerges from bankruptcy

(Reuters) - Remington Outdoor Co Inc <FREDM.UL>, one of the largest U.S. makers of firearms, emerged from Chapter 11 bankruptcy on Thursday after completing a debt-cutting deal with creditors.

Remington, America's oldest gunmaker, filed for bankruptcy protection in March, weeks after a shooting at a Parkland, Florida high school killed 17 and spurred an intense campaign for gun control by activists.

(Reporting by Tracy Rucinski in Chicago; Editing by Bernadette Baum)

05/17/2018 10:44

News, Photo and Web Search

Search News by Ticker