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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. Zombies Companies that continue 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 consequently become worthless). However, a few bottom feeders may be interested in a zombie if they believe that it can restructure and become profitable. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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