remington gun company going out of business

Com, confirm information, but that is not true.

Viral email claims that fact - finding site, truthorfiction. Nra - ILA urges our members to take great care before repeating baseless rumors found on the Internet. Unsubstantiated rumors have caused a great deal of unnecessary concern for gun owners. In reality, at no time has George Soros ever been part of the ownership group of Freedom Group or Cerberus, and as a privately traded corporation, there is no possibility that he will be in the future. Here is what the NRA says on its website: rumors are completely false and baseless. Even the National Rifle Association discounts email's claim, as snopes. It is true, however, that Soros, head of Soros Fund Management, is a big financial backer of Democrats and contributes heavily to such PACs as Priorities USA Action, super PAC supporting Obama's 2012 presidential campaign. Cerberus is a privately traded company there are many people listed as part of Cerberus teams, but Soros isn't one of them. Cerberus Capital Management holds a large stake in Freedom Group, but there's no connection between George Soros and Cerberus as the email contends. Remington also close Bushmaster's plant in Windham, Maine, and move operations from NORTH HAVEN and Maine facilities to plants in Ilion, NY, and Mayfield, Ky., According to the Hartford Courant. Remington said it was consolidating manufacturing because of intense competition. Com notes, Remington shut down the Marlin plant in NORTH HAVEN, Conn.

That group has bought other firearms companies over the past several years as well. It's true that, in 2008, Marlin Firearms was acquired by Remington Arms Co., Which is owned by Freedom Group. Facts: this email is making the rounds again, but it's no more accurate now. The email states that a company run by George Soros, President Barack Obama's chief financier, is buying gun manufacturers and closing them down because he wants to ban all civilian guns.

Remington gun company going out of business