If you’re a regular around here, you’re aware of the ownership stake that Beretta has taken in Sturm, Ruger. If you haven’t been following along, it was revealed last September that Beretta had purchased 7.735% of the outstanding shares in the Connecticut gun maker. Things progressed from there, with Beretta increasing its ownership to 9.95%, just under the 10% threshold that would trigger the shareholder rights plan that Ruger put in place in response to the Beretta situation.
At the web site Beretta created to publicize its position in this fight, they have criticized Ruger’s management and financial performance as part of its attempt to secure four seats on the company’s board of directors . . .
Ruger’s years of underperformance happened on the watch of the same long-tenured directors who seemingly control the Board today. Do not be misled by the recent so-called “board refreshment.” We believe these directors still remain firmly in control, collectively representing more than 65 years of Board tenure and having overseen the period during which Ruger significantly lagged both its closest competitor and the broader market. These same directors own only about 1% of Ruger’s shares, giving them limited personal financial exposure to the Company’s performance. Instead of building meaningful ownership stakes alongside shareholders, the primary financial incentive keeping these directors in their seats appears to be their annual cash retainers. In our view, shareholders deserve a Board that is meaningfully invested in the Company’s success and accountable for its performance.
At the upcoming Annual Meeting, you will have the opportunity to elect four independent director candidates nominated by Beretta Holding. These nominees bring the skills and experience needed to help restore operational performance and strengthen oversight of management. They understand the firearms business and the responsibility of a public company director to drive value for all shareholders.
Beretta still maintains that it isn’t looking to take control of Ruger . . .
Our independent nominees will serve all Ruger shareholders – not Beretta Holding. We are NOT seeking control.
As Ruger’s largest shareholder, our interests are aligned with yours – if we succeed you succeed. That is what we are here for.
All of that said, Ruger notified its shareholders yesterday that Beretta has made an all-cash tender offer to acquire an additional 20.5% of outstanding shares, which would bring its total ownership stake to 30% of the company.
Sturm, Ruger & Company, Inc. (NYSE-RGR) (“Ruger” or the “Company”) today confirmed that its Board of Directors (the “Board”) has received a letter from Beretta Holding S.A. (“Beretta”), in which Beretta proposes, subject to certain conditions, to commence a partial tender offer for up to 20.05% of the outstanding shares of the Company, which if successful would effectively increase Beretta’s ownership stake in Ruger to approximately 30%. Such proposed partial tender offer has not actually commenced.
Shareholders do not need to take any action at this time. The Board, in consultation with its financial and legal advisors, will assess Beretta’s letter and respond in due course.
Ruger has created its own web site defending its management, performance and strategy.
More to come. Don’t touch that dial.
I remember when President Reagan said that they were certain companies that were of strategic national security importance, to the United States and should never be sold to foreign interests.
And the libertarians who are internationalists, said he was wrong. And they said there was nothing wrong with a foreign company taking over an american company.
These are also the same libertarians who said there was nothing wrong with an american company, shutting down the 1st amendment rights of american citizens. In order for that american company to do business in another country, that had no 1st amendment civil rights.
I like Ruger a lot. I own some of their products. They did very well, and did a very great thing purchasing Marlin. An american company.
So the only thing that matters, in the United States business world, is shareholder value???
Obviously it’s very important. But I seem to remember this old dead white man, saying something to the effect that,
“he would hang the last capitalist with the rope that he made”
or the rope that the capitalist sold to him.
Beretta was sold to an Australian company. That is supposedly a pro gun company. At least for now, in a country that is confiscating guns.
Smith and Wesson was sold to British investors. Who would later collaborate with the Clinton administration for gun control.
A boycott organized by conservative radio host G Gordon Liddy, nearly destroyed Smith and Wesson.
I have been america first, long before the term was invented.
“Beretta was sold to an Australian company.”
This is not accurate. Beretta is owned by Beretta Holding, SA a Luxembourg-based company which is owned by the Beretta family. The family has owned and controlled Beretta for the last 500 years.
Sorry about that. I meant to say Barrett was sold to an Australian company.
As I recall, several anti-gun groups actually invested their own money into Ruger. Following the “Charlton Heston” example.
Only these investors wanted to do everything possible to hurt Ruger, and obviously hurt their own investment. But they were ok with that. Investing your own money into a company with the hopes of destroying that company was their goal. And what if those Left Wing investors ask Beretta, to shut down the entire Ruger company???
There will always be guns in this world. The only question is, will civilians have access to them? And will they be able to afford them?
The rich, criminal or law abiding, will always have guns.
Ukraine War Aid [May Have Been] Funneled to Biden Campaign, DNC.
“Have you ever wondered why Joe Biden and the Democrats were so insistent that Congress send endless billions to Ukraine? Well, new declassified intel drops a bombshell that raises some troubling questions about it, and it stinks to high heaven.
In 2022, U.S. spy agencies discovered Ukrainian officials were plotting to divert hundreds of millions in American taxpayer cash meant for clean energy projects to Joe Biden’s 2024 presidential campaign and the Democratic National Committee.
…
Gee, I wonder why the Biden administration didn’t investigate the funneling of millions of dollars to the Biden campaign?
‘The Ukrainian Government and unspecified U.S. Government personnel, through USAID in Kyiv, reportedly developed a plan that would provide hundreds of millions of U.S. taxpayer dollars to fund an infrastructure project for Ukraine that would be used as a cover to send approximately 90% of funds allocated to the DNC to fund Joe Biden’s reelection campaign,’ the report reads.
USAID? You don’t say. Another piece of the puzzle comes into place.
…
The money was reportedly laundered through two American subcontractors as part of the scheme to divert the money to Democrat campaigns, making the source untraceable.
‘The plan included details of how subcontractors would be funded through U.S. companies so that how the funds were spent and allocated would be difficult to track.’ What a system, right? Some shady contracts no one could audit, and poof — your Ukraine aid becomes Biden bucks. And the Biden administration made no effort to investigate, so it’s unclear how much money may have been diverted to Biden’s campaign or the DNC.
…”
ht* tps://pjmedia.com/matt-margolis/2026/03/26/explosive-intel-report-ukraine-war-aid-may-have-been-funneled-to-biden-campaign-dnc-n4951085
left wing violence, domestic terrorism: Grand Jury Indicts Siblings for Setting Bombs at Military Base to Protest Iran War and Deportations.
ht* tps://townhall.com/tipsheet/jeff-charles/2026/03/26/fbi-indicts-brother-sister-in-ied-plot-n2673492
Left wing mental illness, yep trans again: Trans Lawyer Has an Epic Meltdown…and Opposing Counsel’s Face Says It All
[watch video, its a really entertaining melt down]
ht* tps://townhall.com/tipsheet/mattvespa/2026/03/26/trans-lawyer-has-an-epic-meltdownand-opposing-counsels-face-says-it-all-n2673485
left wing violence – and shocker, a democrat doesn’t agree with them: Sen. Fetterman Slams Anti-Iran War Protesters Calling for the Death of US Servicemen.
“Senator John Fetterman, the last sane Democrat slammed a disturbing scene in Philadelphia, where a speaker at an anti–Iran war protest told a crowd that every American death and each attack on U.S. bases in the Middle East should be celebrated, while also praising Hamas and Hezbollah as ‘resistance forces’ fighting Zionism.
‘Until we have done everything in our power to bring the United States to its knees, let us not lose sight of the enemy. For every U.S. military base that crumbles, and for every U.S. soldier who returns home in a casket, we’ll cheer,’ the terrorist sympathizer told a crowd of protesters. ‘Hamas, Hezbollah, all of the resistance forces we celebrate, these popular forces on the ground, spend every waking moment in direct confrontation with Zionism and they rely on a strong Iranian state to maintain their fighting capacity.’
Later in the clip, a man asks the speaker if he hates America. His reply? ‘May a Hamas rocket blow up your family’s home.’
…
U.S. Senator John Fetterman
@SenFettermanPA
Here in Philadelphia.
Truly appalling.
These assholes chanting for the death of our servicemembers.
Where’s the Dem outrage and condemnation?
…”
ht* tps://townhall.com/tipsheet/dmitri-bolt/2026/03/26/fetterman-blasts-anti-iran-war-protesters-chanting-for-the-death-of-us-servicemen-n2673477
Another lying deceptive ‘kabuki theater’ Democrat: Cory Booker went to an airport to prove that ‘Trump has brought chaos to our airports,’ and the gods of comedy had something to say about the optic that was presented instead.
[Cory Booker speaking to an empty Newark Airport with no lines saying, ‘Donald Trump has bought chaos to our airports.’]
https://x.com/DorLinder/status/2037210372055151019
Personally, I want Baretta to keep their hands off Ruger. I have several Ruger firearms and have found them to be dependable reliable work horses. I have never had an issue with any one of them.
I hope this doesn’t mean Beretta will turn Ruger into some shlock manufacturer only concerned by profit. I have bought Ruger products for years and consider them a good manufacturer at a decent price.
No more sale of American companies to foreigners