A zombie apocalypse is silently spreading across America. Indeed, across the globe. One-eighth of the United States are zombies now.
Zombie companies, that is.
Source: Amazon.com
A zombie company is one that regularly requires large capital infusions in order to survive, or one that is unable to generate enough cash to cover its fixed expenses.
Your typical zombie company is heavily indebted and relentlessly wracking up more debt as it promises shareholders that financial soundness is on the way. The company may still be moving, but it is essentially dead or dying.
According to