Troubled gun maker Colt Defense launched an exchange offer that would cut its bond debt by 70% to $75 million from $250 million. The company also began soliciting support for a prepackaged bankruptcy plan.
from WSJ.com: US Business http://ift.tt/1H7NUe2
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from WSJ.com: US Business http://ift.tt/1H7NUe2
via IFTTT
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