SanctusBells
Inactive
I was reading this interesting story Selling stakes in Remington about Cerebus Capital and one of their holdings, the Remington Outdoor Company (formerly The Freedom Group.)
It made me wonder why Cerebus is having so much trouble selling Remington? The following come to mind. I would love to hear your ideas:
* Fear of increased future regulation of firearms.
* A general, industry-wide slowing down of gun sales.
* Tougher and tougher competition.
* Difficulty in financing a gun company deal.
* Debt load of company.
* Very limited handgun offerings which is a huge/lucrative market.
* Remington Model 700 safety liability.
* Potential clean-up costs at Remington's ancient plant in Ilion, NY.
* Potential clean-up costs of Remington's former ammunition plant in Bridgeport, CT -- if Remington is still responsible for the facility?
* Damage done to the Marlin brand in terms of product quality.
* Loss of H&R brand.
I wonder how many other things impact this company and prevent it from being sold? Thanks for any input.
It made me wonder why Cerebus is having so much trouble selling Remington? The following come to mind. I would love to hear your ideas:
* Fear of increased future regulation of firearms.
* A general, industry-wide slowing down of gun sales.
* Tougher and tougher competition.
* Difficulty in financing a gun company deal.
* Debt load of company.
* Very limited handgun offerings which is a huge/lucrative market.
* Remington Model 700 safety liability.
* Potential clean-up costs at Remington's ancient plant in Ilion, NY.
* Potential clean-up costs of Remington's former ammunition plant in Bridgeport, CT -- if Remington is still responsible for the facility?
* Damage done to the Marlin brand in terms of product quality.
* Loss of H&R brand.
I wonder how many other things impact this company and prevent it from being sold? Thanks for any input.