CZ to buy Colts Firearms

[billtool]

A big shot Mgr at Colts happens to be a very close friend of mine. He says this is going to happen and thinks it's a good thing. CZ is very well funded.

BREAKING: CZ In Late Stage Talks to Acquire Colt - The Truth About Guns

&#9664Previous Post Next Post▶ Apparently struggling since emerging from bankruptcy in 2016, Colt has likely drawn the eye of potential buyers ever since. Now, thanks to CZ (Česká zbrojovka) parent company CZ Group’s public filings, we know it is attempting to purchase all of Colt’s...

www.thetruthaboutguns.com

 

[Haystack]

Wow......, I wonder what Samuel Colt would say about this?

 

[Mills]

Wow......, I wonder what Samuel Colt would say about this?

Výborně!

 

[Sam Colt]

Wow......, I wonder what Samuel Colt would say about this?

He’s using Babbel to learn Czech.

 

[EZ-E]

Ive always been a colt fan.... also own CZ's. I think it will be a good thing. Hopefully lawsuits dont bankrupt CZ in the future.

 

[Haystack]

He’s using Babbel to learn Czech.

I doubt that.

 

[HKaltwasser]

Bold move in this environment.

 

[Cobber]

In the current climate, why? Although maybe they'll produce for LE and military under Kanzler von Biden?

 

[IndyDave1776]

Ive always been a colt fan.... also own CZ's. I think it will be a good thing. Hopefully lawsuits dont bankrupt CZ in the future.

I would think that CZ could hold most of the assets and property rights at home and tell the US courts to go to hell if push comes to shove.

 

[ScS]

It's hard to say what involvement CZ will have in the US in the near future. They had just broke ground on a plant in Little Rock before the election, but have stopped all work and in the process of paying off all contractors for any work done.

 

[Byrd666]

Interesting

 

[Frank59]

Wow......, I wonder what Samuel Colt would say about this?

LMAO

 

[Frank59]

I would think that CZ could hold most of the assets and property rights at home and tell the US courts to go to hell if push comes to shove.

^^^^^^^ What he said!!

 

[Aus_Schwaben]

Výborně!

Opravdu, Soudruhu!

 

[toddnjoyce]

I would think that CZ could hold most of the assets and property rights at home and tell the US courts to go to hell if push comes to shove.

They could and also impact the ability to sell Colts to any .gov customer in the US.

^^^^^^^ What he said!!

The purchase agreement can also very easily be structured to shed/limit past liabilities to the new owners.

 

[SQLGeek]

Good. I like it. I'm in for a CZ made Gold Cup National Match in 9mm.

 

[Kar98]

Saw this in a German newspaper the other day. Was too lazy to translate.

 

[billtool]

Apparently there was a run at doing this same thing a couple of years ago but the deal fell through. I hope this time it sticks. I’ll have more details Thursday.

 

[TipBledsoe]

I'm none too excited about it, but it may be Colt's only saving grace.

 

[TipBledsoe]

It's hard to say what involvement CZ will have in the US in the near future. They had just broke ground on a plant in Little Rock before the election, but have stopped all work and in the process of paying off all contractors for any work done.

^ That sure does appear to be writing on the wall... Because of Biden? Or because they will use the Hartford plant instead of Little Rock?