At a certain point it seems like you should be allowed to just pack up shop and go "Welp, it was a good run, cya 'round fellas", drop one last fat dividend to empty the bank float, and ride into the sunset.
Instead of being forced to run a dead company into the ground and produce literally tonnes of useless plastic garbage on the way.
Legally it's technically possible, but allowed market wise?
I don't think I know of any publicly traded company that peacefully spun down as circumstances changed instead of chasing line go up until they crashed and burned.
At a certain point it seems like you should be allowed to just pack up shop and go "Welp, it was a good run, cya 'round fellas", drop one last fat dividend to empty the bank float, and ride into the sunset.
Instead of being forced to run a dead company into the ground and produce literally tonnes of useless plastic garbage on the way.
You ARE allowed to. It just needs complete board approval.
Legally it's technically possible, but allowed market wise?
I don't think I know of any publicly traded company that peacefully spun down as circumstances changed instead of chasing line go up until they crashed and burned.