Timeline of the Takeover Saga Late 2025: Beretta quietly accumulated a 9.95% stake in Ruger, prompting Ruger to adopt a "poison pill" shareholder rights plan to block further unapproved accumulation. Early 2026: Public friction escalated after Beretta pushed for board seats and a larger 30% stake, which Ruger's board resisted as a creeping hostile takeover attempt. May 2026: The two gunmakers struck a strategic cooperation agreement, with Beretta dropping its proxy fight in exchange for a capped 25% ownership tier. September 2026: After regulatory conditions were satisfied and Ruger lifted its poison pill restrictions, Beretta officially launched its $107.5M partial tender offer (running through October 15, 2026). I hope this takeover will not happen, what's your best guess on what the outcome will be. I love Ruger!
