SMITH AND WESSON COMPANY NEW OWNERS

cobra44

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Hello
I have been searching for information of who acquired the Smith and Wesson Company.
I read where they are out of their financial problems, but cannot find any other information.
Thank you
 
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Last I knew, they were still owned by Saf-T-hammer, who bought them in 2001, and renamed themselves Smith and Wesson Holding Corp. Don't believe that's changed.
 
Thank you sir.
That is the last information that I heard also.
 
WOW, I just noticed that I had typed Smith and Wesson instead of Colt. I have been looking at old Smiths and Also some snake guns, so I guess that is what caused me to type S&W instead of Colt. (that is my story and I am sticking with it).
Actually, talking about Colt, I heard that another gun company had bailed them out. I am not sure who, but another company. All I can find is that it is still Colt.
Sorry about that.:mad:
 
There report was on Yahoo s&w is doing great, a very stable company.
With them competing for the gov contract for the new service weapon it's time to buy s&w stock. It's a gamble but if the contract gets awarded to s&w there stock will go up. I could possible lose too.
 
Publicly traded....

Corporations can keep controlling shares "in the family". Hostile take-overs can get controlling interest, but if the company is determined and has enough loyal allies that are fat with shares, these can be fended off.
 
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