NEW YORK ( The Deal) -- In the wake of Pulse Electronics' (PULS) CFO disclosing that pay-in-kind interest is piling up at the computer and telecom components company as its revenues stagnate, one hedge fund investor who used to own the stock is glad he bailed, especially since Oaktree Capital Partners LP's holding and influence has grown."It's a disaster," the former shareholder, who sold his shares within the past 12 months, said by phone Wednesday. "It's one of the worst positions I've had as a hedge fund. Management did a horrible job, and Oaktree took over."
The Deal: PIK Interest Mounts at Pulse Electronics
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