Beretta acquires a stake in Sturm Ruger

[S&W Fan]

Beretta Has Acquired a 7.735% Stake in Sturm, Ruger

The filer states it does not currently intend to seek control of Sturm Ruger but plans to engage in discussions with the company’s management and board about the business and potential operational or…

www.shootingnewsweekly.com

 

[JunkBoxFull]

Utttttt ohhhhhhhhhhhhhhh.
How many times have we all heard this lie before with big companies. The end goal is to eventually take it over.

 

[oc shooter]

maybe I"ll look a Ruger again never thought much of them

 

[2WheelGnnr]

Ruger my favorite...but also 45 Million only gets you 7.75%......... They are gonna need so major financing if they do plan an eventual take over..but I sure home not.... Ruger in my opinion if fine as they are!!

 

[S&W Fan]

45 million is a decent infusion for Ruger. They weren’t hurting but their shares were flat for most of 2024 . This gave them a nice financial boost. I’m on the fence over a foreign company owning a US company but Beretta is the oldest firearms manufacturer in the world. I doubt they are going anywhere anytime soon.