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Ruger Board of Directors Confirms Receipt of Beretta Letter Proposing a Partial Tender Offer That Has Not Commenced.
Stockholders Do Not Need to Take Any Action At This Time

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... more