Its basicly liquidating a companies assets to get money.
Why??
This is a discussion on Asset stripper within the Get it off your chest forums, part of the General category; Could anyone explain to me what an asset stripper is and how its done legally?...
Could anyone explain to me what an asset stripper is and how its done legally?
Its basicly liquidating a companies assets to get money.
Why??
Shot Many 0000's of Rats, Shame very few ever lived long enough to tell the tale of the great rat killer....
Banned From the darkside and proud:
Coz I was too Damn Good!
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You buy a companie then break it up and sell the different parts off a companie is worth more like that the land for new building the technology it owns the patients it holds the trucks fleet of vans etc the machinery either as working or scrap the buildings and with no staff it don't have to pay so it's better of you usually buy a working company not a defunct one because the owners think of the staff as an asset and don't want to do that to all those loyal staff but asset strippers only care about the ££££££££££![]()
I was too busy to watch X-factor last night, not giving a s**t can be very time consuming
I have a niece who was head hunted out of Uni by a large multi national company as an asset stripper she lasted 12 months and had to give it up because she couldn't sleep at nights or look at herself in the mirror.
Just wondered, theres been a guy going round my local town destroying peoples lives by doing this for a bigger company. how is this allowed??