Sturm, Ruger rejects Beretta Holding’s supply | EUROtoday

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The board of Sturm, Ruger & Co has rejected Beretta Holding’s proposal to amass 20% of the American firm listed on Wall Street. Today the corporate’s request to elevate the “poison pills” expired, the protection mechanism adopted by the board on 14 October 2025, when Beretta elevated its share capital by 9.95%, turning into the most important shareholder. “The board is more concerned with protecting itself than positioning the company for future success and maximizing shareholder value,” Beretta Holding wrote to Ruger’s board of administrators, confirming a gathering on April 9 to seek out mediation.

Beretta Holding had proposed a value of $44.80, equal to a premium of roughly 20% in comparison with the typical value of the final 60 days. On the inventory change, within the following days, costs approached the supply value after which fell again to 40 {dollars}.