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Do companies every just go out of business without being bought out?

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<blockquote data-ipsquote="" class="ipsQuote" data-ipsquote-username="timthemusicman" data-cite="timthemusicman" data-ipsquote-contentapp="forums" data-ipsquote-contenttype="forums" data-ipsquote-contentid="45201" data-ipsquote-contentclass="forums_Topic"><div>I have never seen this happen and I was wondering if this can happen</div></blockquote><p> </p><p> Never mind this just happened to me</p>
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