I (this is only me here) would have informed the stockholders that the state of NY was no longer an acceptable place to do business as the very product(s) the Corp manufactures and sells cannot be legally owned in said state. Wind down whatever operations are still running in NY and move those to other, more firearm friendly states.
If the stockholders cannot see beyond short-term profit, to the anti's long term goal of putting said company out of business.......Well......here's your sign.
Remington was all but "out of business". That would have went over like a turd in a punch bowl. Stockholders become stockholders
to make money, period. They don't care about some pro gun stance. Especially if that stance is going to cost them money. Remington isn't that profitable of a company to begin with. A lot of their equipment is old and outdated, and there is no money for replacement equipment, let alone modernizing the entire operation.....Or worse, paying for a move that would do nothing to their bottom line except lower it.
In fact, if it weren't for the purchase of Remington by Cerberus Capital Management, Remington would not exist today. They were on the verge of bankruptcy. It's easy to tell what a company should do when you're not the one footing the bills. Business today lives and dies on a single bad decision. Moving Remington at this point would have finished them off. I only hope they're still around in another 5 or 10 years. The Government M-16 contract helped them a little, as did Cerberus purchasing them. But they are going to need a big infusion of venture capital if they want to survive in the long term. That isn't going to be easy to acquire. People can find a lot of places to put their money these days, besides 198 year old gun companies.
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