This past December there were rumors on AR15.com about a possible sale of LWRC to Colt. Apparently, any questions about a possible LWRC sale that were posted on the LWRC board were deleted by the mods within minutes, and in general there’s a sense that something’s up.
Now we can add more fuel to the fire with some new revelations. Recent inquiries from AllOutoor to LWRC regarding possible advertising and T&E rifles were met with some pretty bizarre responses, which stated that the company is currently prohibited from entering into any “contracts, obligations, or expenditures.”
Having sold a company myself before, I know exactly what the above means: it means that LWRC is almost certainly in the final stages of talks with a buyer.
My own enquires confirm what Jon has reported. The company is indeed up for sale (or has already been sold).Related