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 625 Smith & Wesson Model 625 The Smith & Wesson Model 625, is a six-round, double-action revolver chambered for the .45 ACP using moon clips. The Model 625 is an improved stainless steel version Smith & Wesson Model 22 and a direct descendant of the Smith & Wesson M1917 revolver first issued during World War I. Based on S&W's stainless steel N frame (large) revolver, the Model 625 was introduced as the .45 CAL MODEL OF 1988, in 1988 as a limited edition model intended as an International Practical Shooting Confederation (IPSC) commemorative. It was equipped with a 5-inch (127 mm)