Greybull Capital: rescuer of distressed firms or vulture fund?

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The creditor may manage to avoid financial loss once more with British Steel

British Steel owner Greybull Capital is a private investment firm with a controversial record, founded by a group of wealthy heirs and run with the help of a former Lehman Brothers banker.

It styles itself as a valiant rescuer of distressed businesses but has amassed a questionable roster of firms that it bought for a song only to walk away relatively unscathed after they eventually collapsed.

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