Only in fantasyland are the shareholders of a company happy to see it bankrupt and liquidated. 4.3 million was an exceptionally good offer for the money losing assets .
Liquidation in finance and economics is the process of bringing a business to an end and distributing its assets to claimants. It is an event that usually occurs when a company is insolvent, meaning it cannot pay its obligations when they are due.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.