Iconic Connecticut gun maker Colt sold to Czech company

Iconic Connecticut gun maker Colt sold to Czech company
Alexander Soule
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FILE - In this March 27, 2008, file photo, M4 Colt rifles are produced at the Colt Defense Plant in Hartford, Conn. The 179-year-old gun maker filed for chapter 11 bankruptcy on Sunday, June 14, 2015, estimating it owes up to $500 million. Analysts cite several reasons behind Colt's bankruptcy filing, including struggles to recover from the loss of military business and failure to capitalize on consumer interest in guns.Richard Lardner / Associated PressShow MoreShow Less
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In this Dec. 17, 2014 photo, a blue onion-shaped dome sits atop Samuel Colt's 19th century gun factory in Hartford, Conn., and is perhaps the best known symbol of a bygone era. As the decade-long push to make a national park out of the now-closed gun factory won approval in Washington, elected officials hailed the project as a way to boost one of Hartford's poorest neighborhoods and honor the revolver as a marvel of manufacturing. Notably absent was Colt's Manufacturing Co. _ the company that, somewhat uncomfortably, remains based today in a state still reeling from the Newtown shootings and now sporting some of the nation's strictest gun laws. (AP Photo/Michael Melia)Michael Melia / Associated PressShow MoreShow Less

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