After, a business may be
dissolved and have its assets redistributed after filing articles of dissolution. A business that operates multiple locations may continue to operate, but close some of its locations that are under-performing, or in the case of a manufacturer, cease production of some of its products that are not selling well like Fruity King recently under the WalMart brand. Some failing companies are purchased by a new owner who may be able to run the company better, and some are
merged with another company that will then take over its operations. Some businesses save themselves through
bankruptcy or bankruptcy protection, thereby allowing themselves to restructure.