Gun maker Colt says near deal to exit bankruptcy

WILMINGTON, Del (Reuters) – Gun maker Colt Defense and its creditors are close to a deal on a plan to bring the company out of bankruptcy, but if it fails, the business will go on the auction block next month, a company lawyer told a judge on Thursday.


Source: ReuterBusiness

Related posts

Leave a Reply

Your email address will not be published. Required fields are marked *