3 ms·

Liabilities also transfer.

• randallsquared 8y ago
  If they're bundled somehow, sure. Otherwise, the owners of the old company could choose to retain those liabilities and sell only the assets, could they not?
  • mbillie1 8y ago
    Then the old company would still have fired them.
  • yardie 8y ago
    The sale is not complete until debts and liabilities are settled. So either way, unemployment was going to be paid.