Ruger, Beretta Come To Agreement Amid Merger Rumors, Takeover Speculation
Summary
Beretta is permitted to increase its ownership stake in Sturm, Ruger & Co. to 25% following an agreement between the two firearms manufacturers. Ruger stated that this deal preserves the company's independence amidst prior merger and takeover speculation.
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industry
corporate-news
merger
ruger
beretta
investment


