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> Having the zombie company isn’t inefficient. Yes, it is. If the price drops, it becomes that much more feasible for an outsider to rescue it with a takeover
by 0815test 8y ago
> Having the zombie company isn’t inefficient.
Yes, it is. If the price drops, it becomes that much more feasible for an outsider to rescue it with a takeover bid - either way, the company will surely be viable as a going concern. You don't seem to be making a consistent argument here.