I have two perspectives on this:
1. From what I have found, the hedge fund involved is big into distressed assets. That could mean either trying to turn them around or finding a way to profit from the eventual house clearing. My guess is the deal was structured so they could come out ahead in either result.
2. Being in/from Denver - the post has long just reposted or otherwise used alternate media to be their sources. Meaning their journalistic side has been spotty for quite some time.