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 designed for revolvers chambered in .45 ACP using moon clips. The Model 625 may also fire the newer .45 GAP cartridge, but only with the use of moon clips. 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