Dropped by the U.S. Military, Colt Goes Bankrupt - Daily Beast

Dropped by the U.S. Military, Colt Goes Bankrupt
Daily Beast
Under an article of the bankruptcy code, Colt is now headed to auction, where it's hoping for a quick sale. The company lists its sponsor Capital Management LLC, as its “stalking horse bidder,” meaning that Sciens, which which owns close to 90% of the ...
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