I was shocked to learn this. Had the shooting public known of this sale we would have ponied up the cash to buy it ourselves. CZ is top of the line but America.
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (7)
sorted by:
The acquisition is about 2 years old. Not much excuse for anyone with interest and $220 million to pass it up. Lots of automobile brands and companies, and aircraft/aerospace companies have either folded, been acquired, or merged over the past 50 years. Not always for good results, either.
I think the lesson is that one must be vigilant about the health of those institutions we find valuable (i.e., worth saving). The fatal discovery is always upsetting, but it is hard to avoid the thought that this falls into the category of "What? My dog died?" What did we do to care beforehand? (Speaking as a survivor/victim of a corporate merger.)