8 Big Companies That Will Disappear in 2012
Filed under: Buyer Beware, Entrepreneurship, Weird & Wonderful
As surprising as it may seem to many of us when large corporations with familiar brands vanish suddenly from the scene, it happens. Major companies like Saab, Borders, and Countrywide -- just to same a recent few -- are now history.
It can come about in several ways: A company can go bankrupt and see its assets sold off. A name may get discarded when a company is acquired. Or a company may cease to exist due to a merger or liquidation.
But who's next? Which well-known companies will disappear in 2012?
24/7 Wall St. compiled its list of companies most likely to vanish by focusing on those that are serious mergers and acquisitions targets, those that are weak players in industries with too many competitors for any to become highly profitable, corporations that Wall Street believes are worth more in parts than intact, and generally, those in good old-fashioned deep fiscal trouble.
Click on the image below to see the 8 companies that we're betting won't survive to see 2013.
It can come about in several ways: A company can go bankrupt and see its assets sold off. A name may get discarded when a company is acquired. Or a company may cease to exist due to a merger or liquidation.
But who's next? Which well-known companies will disappear in 2012?
24/7 Wall St. compiled its list of companies most likely to vanish by focusing on those that are serious mergers and acquisitions targets, those that are weak players in industries with too many competitors for any to become highly profitable, corporations that Wall Street believes are worth more in parts than intact, and generally, those in good old-fashioned deep fiscal trouble.
Click on the image below to see the 8 companies that we're betting won't survive to see 2013.
Add a Comment
I'll bet none are gone by the end of 2012.
August 16 2012 at 9:00 PM Report abuse Permalink rate up rate down ReplyT-mobile in North America maybe. They won't dissappear here in Germany.
August 16 2012 at 10:55 AM Report abuse Permalink rate up rate down ReplyI am surprised about OWN! The rest - ya not so much.
August 15 2012 at 7:23 PM Report abuse Permalink rate up rate down ReplyYes, I agree all BUT American Airlines will disappear. AA will most likely merge with USAirways as since it is a legacy carrier, the American name will survive and USAirways will retire their name. USAirways is one of two American carriers that is part of the Star Alliance (United being the other). The newly merged airline will remain in the OneWorld alliance as USAirways will bow out of the Star Alliance after a merger.
August 15 2012 at 10:01 AM Report abuse Permalink rate up rate down Reply
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