Sturm Ruger shares rise as Beretta launches cash tender
Beretta Holding began a cash tender offer for Sturm Ruger shares at $44.80 each; RGR rose 7.6% to $39.89 in premarketing trading.
Shares of Sturm Ruger rose after Beretta Holding launched a cash tender offer for Sturm Ruger shares at $44.80 each. The stock climbed 7.6% to $39.89 in premarket trading Thursday. At Wednesday's close, the shares were up 14% year to date. Beretta said the tender offer…