Sturm Ruger, Beretta relationship rocked by series of perceived snubs, WSJ says

Beretta Holding CEO Gussalli Beretta recently attempted to reach out to the chairman of Sturm Ruger (RGR) but was instead told the chairman was on vacation and would be away for a month, Alistair MacDonald and Hanna Krueger of The Wall Street Journal reports. This is the latest incident in a string of perceived snubs, missed connections, and canceled meetings that have shaken the relationship between the two companies. Additionally, while Beretta says it is looking to improve an underperforming company, Ruger claims Beretta wants to buy shares on the cheap and grab a disproportionate number of board seats.