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57%  
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  • Beretta Fires Back After Ruger Accuses Italian Gunmaker of Hostile Takeover Attempt

    03/12/2026 10:26:47 AM PDT · by Towed_Jumper · 35 replies
    The Reload ^ | March 11, 2026 | Jake Fogleman
    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...