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Fidelity Offers $904M To Take Telecom Co. Colt Private

By Jeff Zalesin (June 19, 2015, 5:27 PM EDT) -- Asset management giant Fidelity Investments offered Friday to pay about £569 million ($904 million) in cash to buy the shares it doesn't yet own in struggling U.K.-based fiber-optic networking company Colt Group SA, while Colt directors said the bid undervalues the company....

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