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 10 models did use a checkered grip, most notably the pre-1942 manufacture. After World War II, Smith & Wesson returned to manufacturing the M&P series. Along with cosmetic changes and replacement of the frame fitting grip with the Magna stocks, the spring-loaded hammer block safety gave way to a cam-actuated hammer block that rode in a channel in the side plate (Smith 1968). In 1957, Smith & Wesson adopted the convention of using numeric designations to distinguish their various models of handguns, and the M&P was renamed the Model 10. The M&P/Model 10 has been available in both blued steel finish