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Ruger Provides Update on Strategic Cooperation Agreement with Beretta Holding

Sturm, Ruger & Company, Inc. (NYSE-RGR) ("Ruger" or the "Company") today announced that the applicable regulatory conditions under its previously announced Strategic Cooperation Agreement ("Agreement") with Beretta Holding S.A. ("Beretta Holding") have been satisfied. Therefore, consistent with the terms of the Agreement, the Company's Board of Directors (the "Board") has unanimously approved an amendment (the "Amendment") to the Company's shareholder rights plan (the "Rights Plan")... more