The Down Range Forum

Member Section => Down Range Cafe => Topic started by: PegLeg45 on February 12, 2021, 06:20:46 PM

Title: Colt Bought by CZG
Post by: PegLeg45 on February 12, 2021, 06:20:46 PM
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.
Title: Re: Colt Bought by CZG
Post by: BAC on February 12, 2021, 10:36:01 PM
https://www.americanrifleman.org/articles/2021/2/11/cz-group-to-acquire-colt (https://www.americanrifleman.org/articles/2021/2/11/cz-group-to-acquire-colt)
Title: Re: Colt Bought by CZG
Post by: billt on February 13, 2021, 02:53:59 AM
Over the years Colt has been bought and sold more times than a $50.00 New Orleans hooker.
Title: Re: Colt Bought by CZG
Post by: tombogan03884 on February 13, 2021, 08:42:46 AM
 Oh the irony.   ;D
Liked the marketing so much they bought the company.



https://www.youtube.com/watch?v=XcNfHudHlF8


Any one else notice Ian becoming a regular reference resource ?    ;D
Title: Re: Colt Bought by CZG
Post by: PegLeg45 on February 16, 2021, 11:58:36 AM
Over the years Colt has been bought and sold more times than a $50.00 New Orleans hooker.

Title: Re: Colt Bought by CZG
Post by: TAB on February 16, 2021, 05:48:27 PM
Oh the irony.   ;D
Liked the marketing so much they bought the company.



https://www.youtube.com/watch?v=XcNfHudHlF8


Any one else notice Ian becoming a regular reference resource ?    ;D
  Ian is a pretty diligent researcher.
Title: Re: Colt Bought by CZG
Post by: tombogan03884 on February 17, 2021, 09:22:28 AM
Over the years Colt has been bought and sold more times than a $50.00 New Orleans hooker.

Colt is nothing but a Trade Mark and Logo.  (and a 10% mark up for nothing. )

Like Abercrombie and Fitch.
They had to license production of their own products, because the rights to things like the 1911, AR, and Python were all sold off decades ago.

A company so well run they had to file bankruptcy during WW II