Anonymous ID: 579acd Feb. 13, 2021, 9 p.m. No.12921426   🗄️.is 🔗kun

Colt ends 175 years as an American gunmaker with purchase by Czech company

 

HARTFORD, Conn. (Tribune News Service) — Colt Holding Co. has been purchased by a Czech firearms company, ending a 175-year run as an American company and helping to establish a “small arms powerhouse,” the two companies announced Friday.

 

It also marks a new chapter for Colt, a one-time financially troubled company that, with its new Czech owner, is now expected to generate $500 million in revenue.

 

Česká Zbrojovka Group, or CZG, said it signed a definitive agreement to acquire 100% of the shares of Colt Holding Co. LLC, the parent company of Colt’s Manufacturing Co. and its Canadian subsidiary, Colt Canada Corp., for $220 million in cash and more than 1 million shares of the Czech company.

 

The agreement also calls for potentially issuing up to 1.1 million shares of newly issued CZG stock if defined profit thresholds are achieved between 2021 and 2023.

 

Lubomír Kovařík, president and chairman of CZG, said the deal is a “strategic step for both companies.”

 

“The acquisition of Colt, an iconic brand and a benchmark for the military, law enforcement and commercial markets globally, fits perfectly in our strategy to become the leader in the firearms manufacturing industry and a key partner for the armed forces,” he said. “We are proud to include Colt, which has stood shoulder-to-shoulder with the U.S. Army for over 175 years,”

 

 

https://www.stripes.com/news/us/colt-ends-175-years-as-an-american-gunmaker-with-purchase-by-czech-company-1.662037

Anonymous ID: 579acd Feb. 13, 2021, 9:21 p.m. No.12921572   🗄️.is 🔗kun   >>1588 >>1594 >>1595 >>1607 >>1902

Trump Lawyer Van Der Veen: ‘My Home Was Attacked,’ ‘My Entire Family, My Business, My Law Firm Are Under Siege Right Now’

 

33 Sec.

 

…"THEY WERE LIKE A DYING ANIMAL THAT WE HAD TRAPPED IN THE CORNER"

 

 

https://www.breitbart.com/clips/2021/02/13/trump-lawyer-van-der-veen-my-home-was-attacked-my-entire-family-my-business-my-law-firm-are-under-siege-right-now/

Anonymous ID: 579acd Feb. 13, 2021, 10:53 p.m. No.12922006   🗄️.is 🔗kun

THeY GOT CAUGHT—

NEW HAMPSHIRE UPDATE: Dominion Owned Machines Removed 6% of Votes from Each Windham GOP Candidate - Same Machines Used in 85% of Towns (VIDEO REPORT)

 

https://gab.com/gatewaypundit/posts/105713941927516017

 

https://www.thegatewaypundit.com/2021/02/new-hampshire-update-dominion-owned-machines-removed-6-votes-windham-gop-candidate-machines-used-85-towns-video-report/?utm_source=Gab&utm_campaign=websitesharingbuttons