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Catchword for “zombie”
Catchword: zombie
Filed Under: , ,
Part of Speech: n.
Quotation: Investments which last for much longer than the five-year standard nowadays often go one of two ways: either the company is killed off by the weight of its borrowings or it becomes what is known as a “zombie”—a business that still manages to generate enough profits to pay down debt, but is too highly leveraged to attract the buyer needed to provide a necessary exit.
Article or Document Title:
“Squeeze leaves equity houses with ‘zombies’” (URL)
Author:
Michael Fahy
Article, Document, Publication, Web Site:
Crain’s Manchester Business
Publishing Location:
United Kingdom
Date of Publication:
Apr. 14, 2008
This catchword has yet to be researched.
Posted 17 Apr 08 | Permalink | Tell a Friend

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