If it is true, I think it is a feather in the hat for both. It gives CZ a top notch revolver line and 1911 style pistol. It also says that Dan Wesson is the caliber of company that can be associated with the quality of the CZ products.
It is true. They officially announced it and verified it at the SHOT Show I attended last week.
DW has suffered through several owners through the years. Their revolvers are innovative and nicely made. They suffer from what every little company goes through: not enough money to do it up big and make a difference. CZ is certainly big enough to carry the DW banner far and wide. This will be good for both CZ and DW!
Makes no difference as CZ-USA is a wholly owned subsiduary of CZUB. This is per the history info on their 2005 catalog and the history info on the CZ-USA web page. It's all the same company. By the way they have 2000+ employees in the Czech Republic and 200 ACRES (!!) of buildings there. That is a big company in the gun industry!
I love my DW. I've not had the opportunity to fire their autos, yet, but they have recieved good reviews from people I respect. I'm glad to hear they will finally have some resources to keep on keeping on.