Re:Bed Bath and Beyond Files for Bankruptcy
by crooked-v on Tuesday April 25, 2023 @01:43PM
(#35703996)
> Common stock shareholders usually get nothing if a company goes bankrupt and liquidates.
...what else would you expect to happen? If a company is bankrupt, it pretty much definitionally has zero value beyond whatever its assets sell for, and those will generally go to cover debtors.
...what else would you expect to happen? If a company is bankrupt, it pretty much definitionally has zero value beyond whatever its assets sell for, and those will generally go to cover debtors.