Suppose that you're certain that the company will go bankrupt.
Instead of buying out the company's shares and bonds, simply buyout
its bonds. When the company goes bankrupt, the bondholders own the
company anyways.
An analogy is that when a homeowner defaults on his home, the bank
(who lent the money for the mortgage and securitized this loan) takes
over the owner****p of this home. Same way, when a company defaults,
the bondholders will now own the company.
