Colt Holding Company (Colt) and subsidiary Colt Canada Corporation are being acquired by Česká zbrojovka Group (CZG), owners of CZ-USA.
A Colt press releases says “CZG shall acquire a 100% stake in Colt for upfront cash consideration of $220 million and the issuance of 1,098,620 shares of newly issued CZG common stock.”
