Cf Holding Corp

Colt Industries Inc. said Tuesday that it would sell its beleaguered firearms division to a group of investors in a deal that could end a nearly 4-year-old strike by some union workers. Terms of the sale to CF Holding Corp., which includes a Colt executive and two former United Technologies Corp. officials, were not disclosed. Analysts had said they expected the sale to bring between $150 million and $200 million. The deal at the 153-year-old company that makes the Colt .

Colt Industries Inc. said Tuesday that it would sell its beleaguered firearms division to a group of investors in a deal that could end a nearly 4-year-old strike by some union workers. Terms of the sale to CF Holding Corp., which includes a Colt executive and two former United Technologies Corp. officials, were not disclosed. Analysts had said they expected the sale to bring between $150 million and $200 million. The deal at the 153-year-old company that makes the Colt .

Never in their history have unions in this country enjoyed anything close to the adulation that Americans are heaping on Poland's union, Solidarity. Unions here have always had to fight for survival, and lately they have been under increasingly harsh attack.