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The Searcher
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Which Colt? Defense or Manufacturing? Sam Colt hasn't owned it for a long time. It was bought out of bankruptcy in 1994 by an investment firm. In 2005, Defense filed to go public. So, what exactly is the latest rumor?
 

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Discussion Starter · #3 ·
Rumor - just checking

This was posted over on the varmint hunter board: "Venerable firearms brand Colt's defense division has been sold to General Dynamics. The purchase preempts a public offering for that portion of the Colt company. The consumer portion of the bifurcated company (consumer/defense), is also being sold, with sources telling The Outdoor Wire the deal is "all-but-done". A total of eleven potential suitors were said to have been kicking the tires on the venerable brand. The winner may shock most of the firearms industry - as well as the other bidders"
 

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The Searcher
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Re: Rumor - just checking

Thanks for the additional info. That IS interesting. /forums/images/graemlins/cool.gif
 

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Discussion Starter · #5 ·
I keep looking......

I keep looking, but, so far, I have not been able to find any more information - maybe it is one of those internet rumors and that's it...
 

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The Searcher
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Re: ;called Colt: NO!

Well, that too may be true, aside from the fact that customer service reps usually don't divulge sensitive company information to unknown callers even if they are in on it. I guess it'll just come out in the wash or fade away. /forums/images/graemlins/cool.gif
 

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The Searcher
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That seems to be another report of the Outdoor Wire story. Not doubting it, just waiting for confirmation from the horses mouth, so to speak. /forums/images/graemlins/cool.gif
 
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