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liquidation News

Sears barely avoids liquidation with a last-minute bid

A last-minute bid on Friday gave Sears a chance to stave off complete liquidation, but the company still announced that 80 Sears and Kmart stores across the country would close by March.

Wearable maker Jawbone insolvent, two years after $3bn valuation

Jawbone has announced it's shutting down and liquidating its assets. The 18-year-old technology company, best known in recent years for its work in the wearables market, was once worth $3 billion. It's one of the biggest tech firms ever to collapse.

Ontario provincial governments look to liquidate GM holdings

When General Motors emerged from bankruptcy in 2010, the Canadian federal and Ontario provincial governments found themselves among the largest shareholders in one of the biggest automakers in the world and, currently, the governments want to liquidate.

Hostess CEO says Twinkies and other brands likely to find buyers

After initiating liquidation of Hostess Brands on Friday, the company's CEO said its iconic Twinkies and other popular brands are likely to find buyers

Borders nearing liquidation

Borders, the international book and music retailer, is slowly inching towards liquidation after a proposed deal with private investor named Jahm Najafi fell through.

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A Toys  R  Us at Bridgepointe in San Mateo  California.
A Toys "R" Us at Bridgepointe in San Mateo, California.
© BrokenSphere / Wikimedia Commons

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