25-65 Which observation is true of vulture funds?

Question

Quizplus · Accepted Answer

Vulture funds are known for investing in distressed firms with the intention of making a profit. They typically seek a return on their investment in a restructuring, rather than helping the firm to survive or maintain long-term relationships. While they are not always aggressive in their approach, their investments are often not passive either. Overall, their focus is on making a profit rather than developing relationships with the distressed firm.

25-65 Which Observation Is True of Vulture Funds