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A comment on iHeartRadio owner files for bankruptcy. Parent comment

Re:iHeartRadio owner files for bankruptcy by mywittyname on Thursday March 15, 2018 @01:13PM (#16594662)
> why these offers keep getting accepted?

You only hear about the failures, not the successes. So the likely explanation is somewhere between, "because it works" and "because they don't have much choice."

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Re:iHeartRadio owner files for bankruptcy by Bartweiss on Thursday March 15, 2018 @01:43PM (#16594953)
I guess my confusion is what the successes even look like. Are these all companies that would fold if they didn't take the buyouts? Because otherwise I can't work out what the potential upside is.
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Re:iHeartRadio owner files for bankruptcy by mywittyname on Thursday March 15, 2018 @02:06PM (#16595157)
Sometimes, though distressed investments are not their primary focus.

Also, they often buy and hold. So it's not like they go about gutting every company they acquire.

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