Posted December 21, 2015 6:00 am by Comments

By Nathaniel F

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Hartford, Connecticut gunmaker Colt has won confirmation of its Chapter 11 bankruptcy exit plan. The plan, which includes a new lease on the company’s Hartford plant as well as negotiated terms for retiree medical benefits with the United Auto Worker’s union, was approved by all of the company’s stakeholders. ABLAdvisor reports: Colt Defense LLC announced that the […]

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The post Colt Finally Ready To Exit Bankruptcy appeared first on The Firearm Blog.

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