Simcountry
Forum Beginners Closing corporartions

Closing corporartions

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BBL

All worlds
26 Apr 2012 15:23Link
If I close the state corporations, will all the money and supplies in them be transferred to the state? If not, what is the best way of getting rid of them so I can build enterprise corps in my country?

Also, if an enterprise buys a corp from someone, they are charged an exorbitant charge above the price they bid. Does that price go to the one they bought from, or to the GM?
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Andy

All worlds
26 Apr 2012 17:34Link
if you close, materials are sold on the market, the owner (country) is inheriting the cash and loans.

If an enterprise is buying your corp, the money goes to you.

it is better to find an enterprise to buy your corporation rather than closing it.
make sure it works at 100% and it is profitable.

If the product is in oversupply for a long time, market price very low and it is making losses, now and last year, you can think of closing it.
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BBL

All worlds
26 Apr 2012 17:39Link
Thanks for going beyond what I asked, and answering what I needed to ask, but didn't know enough to ask.

P.S. Andy, You are VERY helpful, and appreciated.
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Drew

All worlds
09 May 2012 00:43Link
Well after reading this among other documentation. I had acquired 3 corps with higher cash then market value and no debt. I was going to bring them up because well they were cheap but... it seemed to make much more sense to sell them and get 600Billion $$$ on my ~16Billion $$$ investment. But I didn't see a dime why is this?