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[–]awdrifter 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (1 child)

The final step before bankruptcy.

[–]Zapped 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I don't know. For example, Sirius and XM satellite radio merged as both were failing and they turned the corner, adjusting to the market including streaming options. It also removed some competition and allowed them to renew employee contracts at lower prices or get rid of them altogether.