Layoffs at Colt
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Doesn't sound so good for Colt.
It's funny, a bit, because when I went and picked up my 40x from Greg we talked about Olympic Arms closing shop, and now Colt isn't looking so hot.
Sad to see such a historic company bite it, if that's where this leads.
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The Assets will go somewhere.
Saw an M4 with Troy rail and sights at Academy marked down to $1100 from $1550.
Once it hits $900 I will buy it.
The older guy behind the counter said people just want a $600 DPMS.
Even had the Tavor marked down to $1500.
It was a featherweight compared to the HBAR.
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My guess is FN will buy the Colt name and IP.
Move what machinery they want to SC.How many other names do you think will go under?
Despite the stock market, there are lots of industries going through consolidation.
A couple trucking companies merged last week.
Central Freight bought Wilson.
Laid off all the Wilson drivers.Freedom Group probably couldn't give away their companies.
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Is freedom group still trying to sell?
They'd be better off breaking them up.
If someone with a brain bought Remington that'd be nice.
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I would rather an MDR than a tavor
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It was only a matter of time when they lost the military contract.
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Dumbest thing they could have done was stay in Connecticut. This state kills companies
