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Massive Debt, Roller-Coaster Sales Drive Private Equity-Backed Gun Maker Into Bankruptcy

Trending story found on www.wsj.com
Massive Debt, Roller-Coaster Sales Drive Private Equity-Backed Gun Maker Into Bankruptcy
Remington, a gun manufacturer that private-equity owner Cerberus spent more than a decade building into an industry giant, is now on the brink of bankruptcy as it copes with a heavy debt load and volatile gun sales.
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