CZ to buy Colts Firearms

[Maverick44]

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

He'd probably get mad then go bankrupt again.

 

[tonelar]

CZ USA or CZ? I’d rather an arms maker buys them as opposed to the Freedom Group.

 

[Kar98]

CZ USA or CZ? I’d rather an arms maker buys them as opposed to the Freedom Group.

Ceská Zbrojovka Group SE.

https://www.czg.cz/docs/CZG_Colt_exlusivity_extention_eng.pdf

And I don't think CZ USA is owned by the Freedom Group. Rather, it's a subsidiary of CZ.

 

[Frank59]

 

[billtool]

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]

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...


Sent from my iPad using Tapatalk

 

[Moonpie]

Hopefully CZ will fire the entire Colt management team. They’re pirates who stole the company’s soul. Fvck them all.
I wish CZ would move Colt out of CT and bring it to Texas.