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Very unlikely to occur in tech because it's not capital intensive. Zombie firms are usually in sectors that require constant capital investment to sustain opera
by missedthecue 4y ago
Very unlikely to occur in tech because it's not capital intensive. Zombie firms are usually in sectors that require constant capital investment to sustain operations, or those that have gone on a buyout binge. Think about things like airlines, utilities, oil and gas, trucking, and so forth. Real estate is also predisposed to this because they are always levered up to the hilt.