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 610 Smith & Wesson Model 610 The Model 610 is a six-shot, double-action revolver chambered for the 10mm Auto cartridge. The 610 was manufactured by Smith & Wesson on the N-frame, similar to the Smith & Wesson Model 29 in .44 Magnum, and the Model 28 in .357 Magnum. The 10mm Auto is a rimless automatic pistol cartridge so moon clips are used to hold cartridges when loading and extracting spent cases en bloc. Since the .40 Smith & Wesson is a shorter, less powerful variant of the 10mm Auto but has the same diameter, the Model 610 can chamber and