Hurley's Gold

CZ to buy Colts Firearms

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  • billtool

    TGT Addict
    Rating - 100%
    4   0   0
    Nov 16, 2008
    4,094
    96
    The Wooldlands
    CZ paid $220M cash. The combined revenue of the merged organizations is just north of $500M. Gotta love it...CZ just wrote a check out of cash reserves. Good for them and good for Colt.
     

    pronstar

    TGT Addict
    Rating - 100%
    2   0   0
    Jul 2, 2017
    10,540
    96
    Dallas
    CZ paid $220M cash. The combined revenue of the merged organizations is just north of $500M. Gotta love it...CZ just wrote a check out of cash reserves. Good for them and good for Colt.

    Pretty much how Fiat bought Chrysler as well...


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