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Remington the manufacturer of the ubiquitous 870 shotgun has filed for bankruptcy. The 200 year old company was established by Eliphalet Remington II in 1816. The brand also manufactured typewriters and cutlery. The first 870 Shotgun was introduced in 1951 and more than 11,000,000 were manufactured and sold making it the no.1 selling shotgun worldwide. In addition the sports market, the Remington 870 is widely in use among military and law enforcement around the world.

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