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NYC – Industry Insider – U.S. judge OK’s gun maker Remington’s bankruptcy plan

BUSINESS INSIDER May 2, 2018 – Remington Outdoor Company Inc won approval for its bankruptcy plan on Wednesday, paving the way for the arms maker to slash debt, boost its cash position and better weather the uncertain climate for firearms in the United States. Remington filed for bankruptcy in March with a deal in hand to cut its debt by about $775 million, a little more than one month after a school shooting in Parkland, Florida.  [full article]

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