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Stock impact report

Beretta Quietly Became the Largest Shareholder of Ruger. Now the American Gunmaker Is Warning of a Takeover [Yahoo! Finance]

Sturm, Ruger & Company, Inc. (RGR) 
Last sturm, ruger & company, inc. earnings: 2/21 05:05 pm Check Earnings Report
US:NYSE Investor Relations: ruger.com/corporate/welcome.html
Company Research Source: Yahoo! Finance
A photo of ruger vs beretta A months-long battle between two of the biggest names in the firearms market went public last week, signaling a contentious shareholder vote that's rare in the close-knit gun industry. In September Beretta Holding acquired 7.7 percent of Sturm, Ruger & Co. stock, then increased its total stake in the company to nearly 10 percent. That makes it the American gunmaker's largest single shareholder. Then in February, Beretta Holding nominated four new candidates to Ruger's board of directors. The company claims it wanted to leverage its 500 years in the gun business to protect its investment and guide the company in the right direction. Meanwhile, Ruger is claiming nothing short of an attempted takeover. Each company's position was laid bare in dueling press releases last week, and on Thursday, Beretta Holding published an open letter to Ruger that condemned everything from Ruger's “disappointing returns to shareholders” to its “lackluster” shotgun offeri Show less Read more
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