September 29, 1987 |
The company that makes Winchester rifles will get new owners next month in a multimillion-dollar deal approved by federal bankruptcy court and the city of New Haven. It will be the second change of ownership in six years for U.S. Repeating Arms Co., which filed for bankruptcy protection from creditors in January, 1986. The company employs 624 in New Haven and an additional 147 in Hingham, Mass.