Lloyds could push Telegraph news owner into receivership - FT
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June 6 (Reuters) - Press Acquisitions, which controls the Telegraph newspapers, has been threatened with receivership by lender Lloyds Banking Group, over a long-standing debt owed by the parent company controlled by the Barclay family, the Financial Times reported on Tuesday.
AlixPartners, the restructuring group, has been lined up as the receivers of Press Acquisitions, if Lloyds decides to take action against the operating companies for not paying off a decades-old debt, FT said, citing two people with knowledge of the situation. (Reporting by Bharat Govind Gautam in Bengaluru)
