The extraordinary general meeting begins at 1 p.m. and announcements are expected in the afternoon. The board’s proposal is that the operation should continue.
– Today they have to decide, should we throw in the towel or try to keep the company alive, says Norén.
Liquidation means that the company’s board and CEO are replaced by a liquidator. They try to sell all the assets and pay off as much of the debts as possible.