Quinn future still in doubt as funds join crunch talks

Irish Independent More than 40 mainly US hedge funds are now involved in the crunch talks over the €1.3bn of debts at Quinn Group, but so far they have tabled no demand for shares in the Sean Quinn-owned company.

Some of the hedge funds are holding as little as €500,000 worth of debt, but their presence is making a resolution of the huge debt problems more difficult.

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