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Re: Prudent Capitalist post# 5592

Thursday, 05/11/2023 2:03:40 PM

Thursday, May 11, 2023 2:03:40 PM

Post# of 9957
Actually, the tern utilized in connection with the current process with BBBYQ and in the announcements and articles is "liquidation' more often than dissolution. But same meaning and end result.

All of the communication from the company emphasizes that they are winding down operations and dissolving, with all stores to be closed by June 30. Several articles actually have headlines referring to it as BBBY's dissolution. They have said they will try to "sell some assets" but have made it clear that they are winding down operations, closing all stores, and going through a dissolution.

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