Remington Bankruptcy

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stroo
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Re: Remington Bankruptcy

#16

Post by stroo » Tue Feb 13, 2018 5:55 pm

I read that Cerberus saddled Remington with a ton of debt when they bought them. That isn't unusual in takeovers although it is usually the selling company that saddles the buying company with the debt. In any case, it makes it very difficult for the company saddled with the debt to survive.

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