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United States

6 April 2007

Observer-Dispatch (New York)

ILION — Although Remington Arms Co. posted a profit last year after several years of losses, it still faces an increasingly competitive market, analysts said Thursday. Cerberus Capital Management LP, which is buying Remington, said it saw "tremendous value" in the company. "Cerberus sees tremendous value in Remington: a world-famous brand name, market-leading products, strong management team and an unsurpassed team of employees," said Peter Duda, spokesman for... (

Read More: Observer-Dispatch (New York)