This may be old news, I haven't been keeping up with Colt, but I've always been a fan of CZ.
www.reuters.com

CORRECTED-(OFFICIAL)-Czech gunmaker CZG buys Colt in cash and stock deal
CZG-Ceska Zbrojovka Group said on Thursday it would acquire group Colt Holding Company for $220 million and CZG shares as the Czech gunmaker expands in the larger U.S. market.
