Colt files for Chapter 11

[DWT]

Colt filed ch.11 late Sunday, claiming about $500 million in debt and the same amount in total assets. Sceins Capital Management, LLC is the lead bidder for the company.

 

[323MAR]

I do not see any need to panic buy anything. Maybe we will see some new stuff once the dust settles.

 

[Hattrick 22]

Hell I've been looking at it all wrong my rifle just gained value lol

 

[roundabout]

Maybe they should sell to the folks that bought Harley-Davidson from AMF. HD was nearly ****-up and look what they did.

 

[Blue Diamond]

Probably be bought by the Takahawa Co. or some other foreign company.

 

[madwabbit]

Probably be bought by the Takahawa Co. or some other foreign company.

we'll be able to buy colts off amazon, shipped promptly from hong kong!