Beretta Holding has made an offer to increase its stake in Sturm, Ruger & Company, the latest move in an escalating dispute between the two firearms makers. Beretta said it sent a letter to Ruger’s ...
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Beretta Holding says it didn't seek to take control of Sturm Ruger, countering an earlier statement from the firearms manufacturer. Beretta, which has acquired a nearly 10% stake in Ruger, said ...
Sturm Ruger RGR0.29%increase; green up pointing triangle said Beretta is seeking to gain control of the company through discounted share purchases and outsize governance rights. The statement comes ...
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Sturm, Ruger & Co. (RGR) and Beretta Holding are locked in a high‑stakes proxy fight ahead of the Sturm, Ruger (RGR) annual meeting after Beretta, now Ruger’s largest shareholder, moved to nominate ...
Beretta Sought to Buy Ruger Stock at a 15% Discount from Ruger in a Private Placement and to Obtain Disproportionate Board Representation and Voting Power that Would Give It Near-Veto Power Over ...
America’s largest gunmaker, Sturm Ruger & Co., accused the parent company of Italian arms firm Beretta of trying to stealthily seize control of the Connecticut-based business through “self-serving ...
The parent company of Italian gun manufacturer Beretta is launching a proxy fight to take control of Sturm, Ruger and Co., America’s largest firearms maker, sources familiar with the matter have told ...
Firearms manufacturer Sturm Ruger is laying off roughly 90 employees here in New Hampshire.The company says the decision was based on "cost misalignments."The layoffs do not impact production lines.
Sturm, Ruger & Co., commonly known as Ruger, has firearms production facilities in Newport, New Hampshire, as well as plants in North Carolina and Arizona. Its headquarters are located in Southport, ...