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Private Letter Ruling Received From IRS In Connection With Planned Merger Between Regal And Rexnord PMC

BELOIT, Wisc. and MILWAUKEE, Aug. 18, 2021 /PRNewswire/ -- Regal Beloit Corporation (NYSE:RBC) and Rexnord Corporation (NYSE:RXN) today announced that Rexnord received the private letter ruling ("PLR") from the U.S. Internal Revenue Service ("IRS") in co