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Zombies

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Zombies
Companies that continue operation while they await merger or closure, even though they are insolvent and bankrupt.

Zombie
A publicly-traded company that continues operations despite a merger or bankruptcy. Stocks in zombies are usually low in price because the companies are likely to cease operations (and the stocks will consequently become worthless). However, a few bottom feeders may be interested in a zombie if they believe that it can restructure and become profitable.


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Shoppers were stopped in their tracks as crowds of zombies staggered their way around town as part of an annual charity event.
What with Halloween coming up, my Pasatiempo boss put me on the trail of zombies -- specifically zombie movies.
BLOODTHIRSTY zombies will converge on two shopping centres to convince people to give blood.
 
 
 
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