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Chapter 11 Bankruptcy
A legal process that allows businesses to reorganize under bankruptcy laws of the United States, enabling them to keep operating while restructuring their debts.
Chapter 7 Bankruptcy
A legal process providing for the liquidation of a debtor's assets to pay off creditors under the U.S. bankruptcy code.
Liquidation
The process of winding up a company's operations and distributing its assets to claimants, typically when it is insolvent.
Premerger Market Price
The share price of a company before the announcement or completion of a merger or acquisition, used as a reference point for evaluating the merger's impact.
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