Vista Outdoor wins Remington Ammunition

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Vista Outdoor Inc said on Monday it would buy some parts of U.S. gunmaker Remington Outdoor Co Inc’s ammunition and accessories businesses for about $81 million.

REMINGTON ARMS DECLARES BANKRUPTCY DESPITE SURGING GUN DEMAND

Ticker Security Last Change Change %
VSTO VISTA OUTDOOR 18.82 -0.13 -0.69%

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Remington in July filed for Chapter 11 bankruptcy protection for the second time in two years as the U.S. gunmaker faced financial troubles partly because some retailers placed restrictions on gun sales after school shootings in the United States.

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