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Smith & Wesson Wary on 'Smart Guns'

Smith & Wesson’s parent company said Tuesday that it was wary of adding “smart-gun” technology to its weapons, as investors push the industry to address safety issues in the wake of recent mass shootings.

Asset manager BlackRock Inc. urged listed firearms makers last week to address their potential exposure to litigation from mass shootings such as the one at a school in Parkland, Fla., last month that left 17 people dead. The world’s largest moneymaker by assets is also the biggest investor in many weapons and ammunition…

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