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Colt is buying LWRCI for $60,000,000

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    #1

    Colt is buying LWRCI for $60,000,000

    Breaking News: Colt is buying LWRC for $60 million (UPDATED, again) -
    http://www.thefirearmblog.com/blog/2014/02/20/breaking-news-colt-buying-lwrc-60-million/
    A well placed source just told us that Colt is buying LWRC for $60 million. The deal is supposed to close on 1 March. The Maryland company may relocate to Florida or Texas and the LWRC M6 Individual Carbine (M6IC) rifle will become a Colt branded product. Richard Bernstein purchased LWRC in 2008 for $5 million. Bernstein, … Read More …
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    #2
    Umm. Looks like that's from 2014. Has there been an update?

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      #3
      Originally posted by E View Post
      Umm. Looks like that's from 2014. Has there been an update?
      Sorry, I should have dug further. Deal never went through.
      Post count uber alles!
      Saying we don’t need firearms because we have the Police is like saying we don’t need fire extinguishers because we have the Fire Department.
      Rich or poor, it's good to have money!
      If 'pro' is the opposite of 'con', what is the opposite of 'progress'?
      If at First You Don't Succeed, Skydiving Is Not for You.
      A nation of sheep, invites a government of wolves.

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