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A comment on iHeartRadio owner files for bankruptcy. Parent comment

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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