West Hartford's Colt Defense files chapter 11 bankruptcy

Connecticut-based Colt Defense has filed for chapter 11 bankruptcy protection. The gun maker says it owes $500 million to 50 creditors and does not have enough assets to pay them all back. The move

News 12 Staff

Jun 15, 2015, 10:30 PM

Updated 3,285 days ago

Share:

Connecticut-based Colt Defense has filed for chapter 11 bankruptcy protection.
The gun maker says it owes $500 million to 50 creditors and does not have enough assets to pay them all back.
The move could allow the company to be sold.
Colt has been in businesses since the mid-1800s.


More from News 12