It's corporate virtue signaling, and a cheap one at that. How many millions of dollars did other companies donate to BLM? A million rounds of .223 is chump change compared to that. Also a million rounds would last how long in a conflict like this? A day?
Wait a minute... didn't Remington just declare bankruptcy over a lawsuit? So how do they have the cash to send a million rounds of ammo to a cesspool of corruption? The cost of ammo here in the US is so high, Remington would create a LOT more good will and profit here if they just released that ammo to American buyers.
Anoka company will pay $81.4 million for part of bankrupt business. Anoka-based Vista Outdoor Inc. has been named the successful bidder for part of the ammunition business of the bankrupt Alabama-based Remington Outdoor Company Inc. Vista Outdoor is slated to pay $81.4 million for the assets.
The deal involves Vista selling all its issued and outstanding equity interests of Caliber Co., the legal entity operating Vista’s Savage Arms and Stevens firearms brands, for $158 million and another $12 million in notes payable in five years.
The move was expected since the Anoka-based company previously said it planned to refocus on its ammunition business and a handful of other brands, including outdoor cooking and Camelbak water bottles and packs. Vista also makes bicycle gear such as Bell and Giro.
It's corporate virtue signaling, and a cheap one at that. How many millions of dollars did other companies donate to BLM? A million rounds of .223 is chump change compared to that. Also a million rounds would last how long in a conflict like this? A day?
Wait a minute... didn't Remington just declare bankruptcy over a lawsuit? So how do they have the cash to send a million rounds of ammo to a cesspool of corruption? The cost of ammo here in the US is so high, Remington would create a LOT more good will and profit here if they just released that ammo to American buyers.
The ammo brand was bought by Vista Outdoors.
Remington has fallen. Remember that in the future
Anoka company will pay $81.4 million for part of bankrupt business. Anoka-based Vista Outdoor Inc. has been named the successful bidder for part of the ammunition business of the bankrupt Alabama-based Remington Outdoor Company Inc. Vista Outdoor is slated to pay $81.4 million for the assets.
The deal involves Vista selling all its issued and outstanding equity interests of Caliber Co., the legal entity operating Vista’s Savage Arms and Stevens firearms brands, for $158 million and another $12 million in notes payable in five years.
The move was expected since the Anoka-based company previously said it planned to refocus on its ammunition business and a handful of other brands, including outdoor cooking and Camelbak water bottles and packs. Vista also makes bicycle gear such as Bell and Giro.
Who owns Vista Outdoors?
The cabal, apparently. Remington was ordered to ship that ammo.