Saw a post on FB by someone that said they saw an article which stated, Taurus was looking at bankruptcy, and selling out to Winchester. Anyone hear of this?
Most likely correct. However, if both parties agree then Taurus could be bought. But I would find it unlikely that a suitor would want to purchase a company prior to a pending bankruptcy ruling. I went through a bankruptcy with a previous employer just after I accepted a fairly lucrative buyout package. The bankruptcy held up the payout for about 5 years. Even though other parts of the company were sold off piecemeal, in the division I worked certain provisions were contested in the Canadian courts. It was a mess and I eventually only got about 85 cents on the dollar from the payout. Bankruptcy declarations are a real PITA for employees and I feel for Taurus US employees if this is the case.If they are it wont be until after the lawsuit is settled and payout has been met . I don't think the judge would let Taurus get away without finishing the lawsuit results .