View Single Post
Old 01-21-2016 | 04:13 PM
  #58  
FirstClass
Banned
 
Joined: Oct 2014
Posts: 2,137
Likes: 0
Default

Originally Posted by TNDeltaFlyboy
Are you arguing the semantics of the word "buy?" AMR Corp. acquired TWA in bankruptcy in 2001.
Yes. There was no chance, they extracted what they could by parting TWA out.

If a pizza company is normally worth $10 but is now in financial trouble, I might want to buy it for $1 and then sell off all the ovens and tables. If there is room at my other pizza company, I'll offer those employees an introductory job mopping floors.
Reply