Ruger Completes Marlin Firearms Acquisition

The Marlin Firearms brand -- a famous line of lever-action rifles, bolt-action hunting rifles, and .22 rimfire semi-automatic long guns -- became the property of Sturm, Ruger & Company (NYSE: RGR) as the final step in an acquisition that began earlier this year. Marlin Firearms was previously owned by Remington Outdoor Company, which went bankrupt and was fully liquidated in September 2020. Marlin's lever-action rifles became popular with the rising use of scopes in the last two decades of the 20th century, with their side ejection making scope mounting easier.