drs_your_gme
DRS Your GME AnimorphFan1996 12 months ago 90%

Zombie Companies

Thinking about the idea of Bed Bath and Beyond closing its stores but continuing on as Butterfly. It reminds me of some other "zombie companies" that continued on after the public perception of their demise.

Blockbuster: Similar to the expectation that digital downloads would usurp brick-and-mortar GameStop, Netflix DVD-by-mail and streaming service seemingly defeated brick-and-mortar Blockbuster. But famously, one "Last Blockbuster" remains in Bend OR.

Andersen Consulting: The Enron accounting scandal led the conviction of the Arthur Andersen accounting firm and the surrender of its accounting license. But years later, the Supreme Court reversed the conviction and Arthur Andersen renamed to Omega Management I - IV which owns the Q Conference Center in St. Charles IL.

Can you think of any other examples?

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