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End of an Era: Iconic American Gun Manufacturer Colt Sold to European Company

The 185-year reign for Colt as a uniquely American company is over after the gun manufacturer announced it was bought this week by a European competitor. Czech firearms company Ceska Zbrojovka Group purchased the company for $220 million in cash and stock — and ended an American tradition in doing so. “Subject to the terms…

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The post End of an Era: Iconic American Gun Manufacturer Colt Sold to European Company appeared first on The Federalist Papers.