We wrote about the takeover of Colt's Manufacturing Company, suffering from various "diseases", by the CZ company some time ago HERE.
Meanwhile, the following information appeared in late in the evening:
"We are very pleased with another important milestone in the history of the CZ brand. Our parent group CZG has agreed on purchase of the American small arms manufacturer Colt. After the completion of the transaction, the legendary Colt brand will become the new sister company of CZUB."
The information was accompanied by unambiguous poster.
No additional information was provided regarding (US) governmental supervision of the above transaction. It was also unclear whether the purchase of the Colt would have any impact on the status of Colt Canada, which is to fight for a contract for a new gun for the Canadian armed forces.
Sources: soldiersystems.net , czub.cz
