By Pete Brush ( June 9, 2015, 5:54 PM EDT) -- Cash-strapped Colt Defense LLC has told holders of its senior notes due 2017 that they have until Friday night to exchange that debt for notes due in 2021, and take a 55 percent haircut in the process, in an effort to avoid a possible firefight between lenders and Sciens Management, its private equity owner, in bankruptcy court....
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