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Last time updated: 2/26/23, 1:43 PM
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Remington Outdoor Company updated a restructuring support agreement with lenders this week, putting the gun giant days away from filing for bankruptcy protections.

In Monday’s agreement, Remington laid out a timeline that set March 18 as the deadline to file a case in federal bankruptcy court. With Chapter 11 protections, the company would continue operating while negotiating with creditors and the court to restructure its nearly $1 billion debt load.

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