Billionaires Circle Distressed Assets in U.S. Oil and Gas Patch
Sam Zell, founder and chairman of Equity Group Investments LLC, speaks during the Skybridge Alternatives (SALT) conference in Las Vegas, Nevada, U.S.(Photographer: Joe Buglewicz/Bloomberg)  

Billionaires Circle Distressed Assets in U.S. Oil and Gas Patch

(Bloomberg) -- Billionaires are circling the distressed U.S. oil and gas patch, looking to pick up assets on the cheap at a time when the state of the industry is scaring off other investors.
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