Report: Smith & Wesson Seeks To Change Name

By Tactical-Life

Smith & Wesson Holding Corporation earlier this week announced that it is looking to change its name to American Outdoor Brands Corporation.

The company will hold a special meeting of stockholders on Dec. 13, 2016, to seek approval for the change.

• RELATED STORY: Smith & Wesson Acquires Crimson Trace For $95 Million

According to a release from Smith & Wesson:

The proposed holding corporation name change has been approved by the Company’s Board of Directors and reflects the Company’s expanding strategic focus on the growing markets for shooting, hunting, and rugged outdoor enthusiasts. If approved by stockholders, American Outdoor Brands Corporation will serve as the holding corporation for Smith & Wesson Corp., Battenfeld Technologies, Inc., and Crimson Trace Corporation, which represent the company’s firearms, manufacturing services, accessories, and electro-optics divisions.

“By executing on our strategy to be a leader in the shooting, hunting, and rugged outdoor enthusiast markets, we have successfully grown from a single operating division to four operating divisions that serve a large addressable market and represent more than 18 respected consumer brands,”James Debney, President and Chief Executive Officer of Smith & Wesson, said in a statement. “We believe the name ‘American Outdoor Brands Corporation’ will better reflect our family …Read the Rest

Source:: Tactical Life