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ABC News: Sun Rise, Sun Set

Apr 29, 2004, 19:45 (10 Talkback[s])
(Other stories by Michael S. Malone)

"Call it Corporate Euthanasia.

"And in this fast-moving new world of business, that option should be a serious one for any board of directors in fulfilling its responsibility to shareholders. We have grown used to technologies, products, even markets bursting on the scene like supernovas--and then just as quickly evaporating.

"Why shouldn't the same be true for companies? Why should they fade into the perpetual twilight of Chapter 11 or in an eternal, shriveled corporate coma sucking on the life support of patent lawsuits and royalties...?"

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