Beretta Proposes Sturm, Ruger Tender Offer
After several rounds of dueling press releases over RGR’s board composition and strategic direction, the Italian gunmaker is suggesting it might put more of its money where its mouth is, with an offer to buy up to 20.05% of RGR shares for about a 20% premium. That would bring its stake in Sturm, Ruger to an even 30%. For now, the offer is just ... Log in to view full article.
