Summary:

breakingviews :: Can Colt avoid insolvency? Highberry, part of the hedge fund Elliott Group, believes the UK telecoms group cannot. The fund suggests Colt would be technically insolvent if it wrote down the value of its assets to a level that Highberry thinks is justified by […]

breakingviews :: Can Colt avoid insolvency? Highberry, part of the hedge fund Elliott Group, believes the UK telecoms group cannot. The fund suggests Colt would be technically insolvent if it wrote down the value of its assets to a level that Highberry thinks is justified by its estimate of their future cash flows.

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