Posted on 03/12/2026 10:26:47 AM PDT by Towed_Jumper
In a public statement released Monday, Sturm Ruger said Beretta is attempting to “stealthily” gain control of it through discounted share purchases and strategic board appointments. Ruger further alleged its proposals for a collaborative business relationship with Beretta were rebuffed, and that the company threatened to “go to war” if its takeover demands were not met.
“Beretta sought to buy Ruger stock at a 15% discount from Ruger in a private placement and to obtain disproportionate board representation and voting power that would give it near-veto power over important matters,” the company said. “Ruger’s board will continue to protect Ruger’s stockholders and all Ruger stakeholders.”
In a statement of its own on Tuesday, Beretta denied that it was attempting a takeover and fired back at what it called “blatantly false and misleading statements” by Ruger.
“Beretta Holding is disappointed that Ruger has elected to egregiously violate its contractual obligations under its Confidentiality Agreement with us and share confidential discussions in an underhanded, distorted attempt to discredit Beretta Holding,” the company said. “We remain open to a negotiated outcome and believe such a resolution would best serve Ruger and its shareholders.”
The public back-and-forth marks a serious escalation in the recent discussions between Ruger and Beretta. It sets the stage for a potential proxy fight, with control over one of the few publicly traded American firearm giants hanging in the balance.
(Excerpt) Read more at thereload.com ...
Or one of these:
https://www.tacsolusa.com/products/x-ring-vr-gen2-rifles
They cost more than 10/22s, but hey.
Ruger in our area, is laying off people. It’s a lifeline in our community. if Baretta takes it over, I’m sure they’ll close our plant down.
” I own one Beretta but a small armory’s worth of Rugers. “
It is essential that this American Company survives.
But anyone who has owned both knows Beretta makes the better firearm.
That’s a problem with your reloads.
Disclosure: owner of RGR shares.
Beretta proposed a slate of money manager types and the guy from Vista that split the company and sold the ammo part overseas to CZ group.
Their intention seems clear to me.
This isn’t directed at you, but people who defend gun companies that write and deliver gun control legislation are pathetic cucks, and why we can’t have nice things in this country.
They are now classified as ‘assault weapons’ in Colorado.
Whoa! Trouble in gun world. 😏
You have a “Charger”?
.
I have a standard model with the laminated stock and a stainless Take Down.
But I could wedge one more into the safe.
L
I remember Ruger doing that. Kind of pissed me off.
.44 Ruger Carbine is good for gorillas though.
guns don’t kill, their CEO’s do.
Can’t we, the U.S., own anything anymore...
First, the auto and grocery store industries...
Then the chicoms buy up huge swaths of farmland and politicians...
Now, major ammo ownership has gone to the Balkans, and now Ruger is being burglarized...
How do you know that?
That is true. Ruger casts a lot of golf club heads, and also transmission casings. They became very good at casting.
only revolver better than GP100 is a Python..
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