Gun Control & RKBA

sl8

(16,245 posts) Thu Oct 1, 2020, 08:46 AM Oct 2020

Sturm, Ruger to Acquire Remington's Marlin Firearms for $30 Million

https://www.fool.com/investing/2020/09/30/sturm-ruger-to-acquire-remingtons-marlin-firearms/

Sturm, Ruger to Acquire Remington's Marlin Firearms for $30 Million

The bankrupt gunmaker has been selling off its assets this week to raise cash to pay its creditors.

Rich Duprey
Sep 30, 2020 at 6:51PM

The bones of bankrupt Remington Arms continue to be picked clean as Sturm, Ruger (NYSE:RGR) announced it was acquiring the gunmaker's Marlin Arms for $30 million. Remington has accepted the offer and the bankruptcy approved the sale.

The sad end to a storied gunmaker
Remington was forced into bankruptcy despite a booming firearms market because it had been saddled with substantial amounts of debt by its private equity owners and faced lawsuits from the families of victims of the 2012 Sandy Hook school shooting.

5 replies

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Sturm, Ruger to Acquire Remington's Marlin Firearms for $30 Million (Original Post) sl8 Oct 2020 OP

Good news for old farts like me who like old fashioned rifles The Polack MSgt Oct 2020 #1

Way to fire, Sturm Ruger. Paladin Oct 2020 #2

huh? melm00se Oct 2020 #3

Yeah, but they used to make clunky, bolt-action shotguns. Paladin Oct 2020 #4

Marlin made the Goose Gun until 1988. Straw Man Oct 2020 #5

The Polack MSgt

(13,425 posts)

1. Good news for old farts like me who like old fashioned rifles

Reply to sl8 (Original post)

Thu Oct 1, 2020, 10:12 AM

Oct 2020

So, Henry and Marlin will continue to sell lever action rifles and carbines 140+ years after they were 1st produced

Paladin

(28,763 posts)

2. Way to fire, Sturm Ruger.

Reply to sl8 (Original post)

Thu Oct 1, 2020, 01:15 PM

Oct 2020

The world is crying out for more bolt action shotguns.....

melm00se

(5,053 posts)

3. huh?

Reply to Paladin (Reply #2)

Sun Oct 4, 2020, 07:15 AM

Oct 2020

Marlin makes rimfire semis and bolt actions and lever actions.

Paladin

(28,763 posts)

4. Yeah, but they used to make clunky, bolt-action shotguns.

Reply to melm00se (Reply #3)

Sun Oct 4, 2020, 08:48 AM

Oct 2020

Sturm Ruger could always start making them again, if they were really stupid. The old Marlins in .410 still have a certain following here in the Southwest---good snake guns.

Straw Man

(6,771 posts)

5. Marlin made the Goose Gun until 1988.

Reply to Paladin (Reply #4)

Mon Oct 5, 2020, 12:18 AM

Oct 2020

It was a bolt action 12-gauge shotgun with a 36" barrel. Clunky? I guess, but they have a certain old-school charm.

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