Smith & Wesson NRA and NSSF over the issue of smart guns, thousands of retailers and tens of thousands of firearms consumers boycotted Smith & Wesson. CEO Ed Shultz, who negotiated the deal, was forced out in September of that year. By December 2000, the company's stock price was 19 cents per share. Smith & Wesson dropped its smart gun plans after nearly being driven out of business. On May 11, 2001, Saf-T-Hammer Corporation acquired Smith & Wesson Corp. from Tomkins plc for US$15 million, a fraction of the US$112 million originally paid by Tomkins. Saf-T-Hammer assumed US$30 million in debt, bringing the
Smith & Wesson Model 29 "Trail Boss" was produced for the distributor, RSR. Smith & Wesson Model 29 The Smith & Wesson Model 29 is a six-shot, double-action revolver chambered for the .44 Magnum cartridge and manufactured by the United States company Smith & Wesson. The Model 29 was offered with 3", 4", 5", 6", 6½", 8⅜" and, later, 10⅝" barrel lengths as standard models. Other barrel lengths were available either by special order from Smith & Wesson's Custom Shop or custom built by gunsmiths. The 5" barreled variant had a full length underlug. Finish options available included a highly polished blued or nickel-plated surface.