<p>Remington Outdoor Company, one of America&#8217;s oldest gun manufacturers, announced Monday that they would be filing for Chapter 11 bankruptcy protection after years of debt accumulation and possible financial mismanagement.</p>
<p>The North Carolina-based company says that it does not plan on shuttering operations just yet, and that Americans will still be able to purchase its products, though, <a href="https://townhall.com/tipsheet/leahbarkoukis/2018/03/26/remington-files-for-bankruptcy-n2464684">as CNN reports</a>, it will undergo a major restructuring as control of the company is handed over to Remington&#8217;s creditors.</p>

Arms Manufacturer Remington Files For Bankruptcy — But Not For The Reasons You Might Think

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Arms Manufacturer Remington Files For Bankruptcy — But Not For The Reasons You Might Think