But occasionally a company may absorb the shares into one of its own funds.
New York's current rules force rental companies to buy more insurance for their cars or to absorb the cost of damages.
A large company can absorb a loss from entering a new market that does not work.
A company can absorb the customers' knowledge of the product and their suggestions for making it better.
"Surely it can't be that easy to figure out what a company could absorb, just by looking at an annual report."
But today, he said, other companies in the state are growing and absorbing the space left behind.
These companies had already absorbed other companies, some of them more than a hundred years old.
"How many companies can absorb a $100 million product-recall hit and still make their numbers?"
The company absorbed various smaller wagon and carriage building companies.
At first, developing companies would absorb this business opportunity within their testing departments.