Tag: colt

According to a press release on sec.gov, Colt Defense LLC has acquired New Colt Holding Corp., which owns Colt's Manufacturing Company LLC. Here's the 8K. This seemed to be a possibility when Colt bought out Blackstone's (an investment group) shares in Colt Defense back in March. Back in 2003, Colt split itself in two in an effort to shield their substantial defense assets from civil liability. Such lawsuits haven't had much of an effect on any company in the industry and the split probably had a significant (negative) effect on… Read More