23 Year ATF Agent:
... [T]he ATF has been deliberately misinterpreting a key gun control regulation for decades because officials fear that following the letter of the law would allow criminals to build AR-15s and other firearms piece by piece with unregulated parts.
He said he voiced his concerns to an ATF official two decades ago, but was rebuffed....
It’s Official: CZ Buys Colt for $220m And Stock Shares
I didn't see this coming but I can't say I'm sorry. I didn't set out to be a CZ fan (and still don't think of myself as one) but I ended up owning several CZs because nothing I could find matched their quality at their price point. I don't think it will do any harm to the Colt product (and probably will make them better) and CZ definitely isn't the sort of business that would buy a gun company only to manage it into oblivion in an effort to narrow gun buyer's options. They've owned Brno since 2008 and Dan Wesson since 2005 and definitely boosted the profile of both (and it hasn't done DW's product any harm).
As best as I can make out, this deal doesn't involve Colt Defense, the division building for the military and LEA markets, which Colt spun off in 2002.
And by the way, the correct pronunciation of CZ isn't Cee-Zee, it's Shay-Zed. But you probably knew that if you're old enough to remember when CZ sold motocrossers, enduros and trials bikes in the US.