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Re: Owner of Remington can't find a buyer

Posted by bingbong on Sat May 16 09:56:18 2015, in response to Owner of Remington can't find a buyer, posted by AlM on Sat May 16 08:26:55 2015.

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Not exactly. A lot of that was hype, driven by and for the gun owning minority getting paranoid about new laws restricting ownership (which have time and again held up in the courts) after the latest wave of mass murders (VT, Aurora, SandyHook). That paranoia is subsiding.

What HAS been happening is a withdrawal of capital from gunmakers overall. From individual investors to large institutions, investment funds are drying up fast. With sales once again continuing what has been a slow long term decline, these companies are struggling to deal with their debt. No one *wants* to own them.

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