Ameliorate The French and Indian War

Grammatically correct the sentences below, in red. There are two sentences, one missing colon ( : ) and several misused words.

The "French and Indian War" refers too the two main enemies of the British colonist's the French military forces and the various Indian tribes allied with them the French and Indian War was fought from 1754-1763.

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The "French and Indian War" refers to the two main enemies of the British colonists: the French military forces and the various Indian tribes allied with them.  The French and Indian War was fought from 1754-1763.