Sturm, Ruger Makes a Deal with Beretta
After months of trading snippy press releases, RGR has agreed to allow Beretta Holding S.A. to acquire up to 25% of its outstanding shares from current shareholders in a tender offer priced at a 20% premium. The Italian gunmaker had tried to acquire shares at a discount, according to earlier reports, but will end up paying at least $44.80 per share to increase its stake from ... Log in to view full article.
