Beretta launches partial tender for Ruger shares at $44.80
Beretta Holding began a cash tender offer to purchase up to 2,400,184 shares of Sturm, Ruger ($RGR) at $44.80 each. The price represents an approximately 21% premium to the preceding closing price, according to the offer announcement. The proposed purchase is a partial tender for a specified number of shares, not an offer to acquire every outstanding Ruger share. The tender is not subject to a minimum number of shares being offered or to a financing condition, although other conditions still app
0