Beretta Attempting Hostile Take Over Of Ruger

Title says it all. Berreta buying up shares, nominated four members, etc. Ruger activated a “poison pill” option. This allows existing shareholders, but not Beretta, the option to buy shares at a discount to dilute Beretta’s ownership stake.

Been going on for a few months now. First I’ve really heard of it (from YouTube video I’ll link). Hopefully Ruger will be successfully fend off the take over.

4 posts were merged into an existing topic: Beretta Hostile Takeover of Ruger