March 06, 2017, 10:38 AMmcs1564
Colt M45A1, why do I like it so?
Originally posted by soggy_spinout:
This time though it feels very different to me. It's only been a year since they came out of the last bankruptcy, and now they have no tangible financial upside to entice a suitor to bail them out. Would not surprise me if they go away, though I suspect someone will see value in the brand.
As long as Sciens Capital is still involved, it's only a matter of time before the doors close. No one will come in to take over as long as the company is carrying it's current debt.
Couple of good articles...https://www.bloomberg.com/news...-crisis-after-crisishttps://www.bloomberg.com/news...ering-that-backfiredhttps://www.breakingviews.com/...anagement-than-guns/
March 06, 2017, 11:04 AMBGULL
Carrying too much debt is the ever present dilemma, it seems in the past that the various iterations of Colt have concentrated on the defense/government sales. Presumably that will be what the next savior-scavenger will look at first, I would think that the consumer side will always be secondary.