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CWT Holdings files US court brief detailing ongoing financial difficulties

( February 21, 2025, 14:17 GMT | Official Statement) -- MLex Summary: CWT Holdings filed a heavily redacted document in New York federal court addressing its ongoing financial difficulties. The document, originally filed under seal, speaks to a potential failing firm defense in the US Department of Justice's lawsuit to block CWT Holdings from being acquired by Global Business Travel Group. Exhibit A is a submission that CWT originally made on a "strictly confidential basis" to the United Kingdom's Competition and Markets Authority on Jan. 23. See attached document....

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