Where does a company’s wealth go if they go bankrupt?

490 views

Where does a company’s wealth go if they go bankrupt?

In: 7

13 Answers

Anonymous 0 Comments

They don’t have any. Investors who own shares get wiped out as share price falls to $0, money and assets company holds get sold off to pay creditors (assuming liquidation, not re-organization).

You are viewing 1 out of 13 answers, click here to view all answers.