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| -Land of the Free |
| Colt sold to Czech film |
| 2021-02-13 |
| A Czech firearms company has reached a deal to buy Colt, the iconic American gunmaker that helped popularize the revolver. Česká zbrojovka Group said it will acquire all of Colt’s business for $220 million and about 1.1 million new shares of the Czech firm’s stock. The deal announced Thursday will help Česká zbrojovka, also known as CZG, expand its global customer base as well as its production capacity in the US and Canada, the company says. More at the link |
| Posted by:badanov |
| #5 yup...checked the gun at the door..it works. |
| Posted by: Captain Noodleman3946 2021-02-13 12:11 |
| #4 Ummm...Does that mean we have to change all the signs ? |
| Posted by: Chuth Panda8702 2021-02-13 12:06 |
| #3 Good. In the last 30 years the Czechs have been making some really good firearms. |
| Posted by: DarthVader 2021-02-13 09:49 |
| #2 I wonder if they'll be better protected against frivolous lawsuits? |
| Posted by: Bobby 2021-02-13 06:56 |
| #1 ...I've heard some...um...commentary among the ammotariat about Colt being owned by a foreign company. My feeling is that at least they're still around to be owned. All things considered, I'm surprised that some folks haven't targeted a major firearms company to have them dismembered and scattered to the winds. Mike |
| Posted by: Mike Kozlowski 2021-02-13 06:28 |