https://www.thetruthaboutguns.com/breaking-cz-in-late-stage-talks-to-acquire-colt/
*Sigh*
It's no secret I'm a Colt "fanboy". My "one gun" (handgun anyway), forever, if I could only ever have just one, would say "Colt" on it. 4 3/4" Single Action Army. I still carry one for self defense sometimes, I've killed everything from prairie dogs to coyotes to mule deer to antelope to black bear with one, and a lot of game I'm probably forgetting. My remaining 1911 says "Colt" on it. While a current Python owner, I have a new 4" (I guess it's a bit longer, to satisfy our neighbors to the North) on (somewhat prolonged) backorder. I like Colts...
Needless to say, this news deeply saddens me, in a way. In another way, I couldn't be happier. Colt has had problems my entire life. Much longer than that, really. No one can deny that. Hell, when their biggest news is the reintroduction of a damn near 70 year old design - the Python - you know they are in trouble.
They have relied upon the momentum carried by their name for far too long. Far too long. Hopefully this infusion of capital, but more importantly some responsible leadership, will prove to be what they need. As importantly, hopefully CZ respects their heritage (but not to the point of languishing in it) and continue to produce their "heritage" guns, while introducing some badly needed new products. We'll see. I'm both sad and optimistic at the same time.