Some companies, in fact, are still liquidating capacity and downsizing.

The company liquidated its assets in February 2005 and was completely defunct by late 2006.

The company liquidated and officially ceased operation in 1993.

The company has not liquidated the $1.15 billion debt, but the cost of holding it has been cut in half.

The company is liquidating, with holders to get less than 19 cents in cash for each dollar of debt.

By the way, have you noticed how often companies officially sell themselves off (probably for pennies) rather than simply liquidate?

The company liquidated all of its stores throughout 2008 and 2009.

The market was limited, however, and a lack of government assistance saw the company voluntarily liquidate in 1923.

The separate company for operating the icebreakers as liquidated in 1964.

The company filed for Chapter 11 bankruptcy protection in 2002 and liquidated.