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 15 Smith & Wesson Model 15 The Smith & Wesson K-38 Combat Masterpiece, Revolver Model 15 is a six-shot double-action revolver, with adjustable open sights, built on the medium-size "K" frame. It is chambered for the .38 Special cartridge and is fitted with a barrel, though additional barrel options have been offered at various times during its production. Originally known as the "K-38 Combat Masterpiece", it was renamed the Model 15 in 1957 when all Smith & Wesson revolvers were given numerical model numbers. It is a shorter barrel version of the Smith & Wesson Model 14 Target Masterpiece and essentially