JPMorgan initially agreed to buy Bear Stearns for $2 a share as the investment bank verged on collapse amid concern that the company did not have enough capital to keep going.
Kia, which verged on collapse during South Korea's economic crisis a few years ago, earned 82.6 billion won, or $74 million, in the first half of this year, in contrast to a loss of 33.8 billion won a year earlier.
Norio Ohga, chairman of the Sony Corporation, one of the strongest Japanese companies, said the economy was verging on collapse.
The internationally backed Libyan government the European Union is dealing with has barely a toehold in the fragmented, violence-plagued country, and may even be verging on collapse.
Noon 10) MODERNIST DRIVE-BY Despite Houston's lack of zoning (or maybe because of it), the city has a remarkable collection of midcentury modern homes and office towers — some well maintained, others verging on collapse.
Cyprus, whose banking system is verging on collapse, is now the fifth nation in the 17-member euro union to seek financial assistance since the crisis broke out three years ago.
The Bruce resistance to Balliol may have been verging on collapse in 1335 but a turn-round in its fortunes began with the appearance of Sir Andrew Murray of Bothwell as a potent war leader at the Battle of Culblean.
At 62, he has deep pouches underneath the eyes and his countenance is a conglomeration of folds, as if constantly on the verge of collapsing in on itself.
Every building is destroyed or on the verge of collapsing.
Some Chinese analysts are muttering darkly that the market is "on the verge of collapsing".
"There were times the whole project seemed on the verge of collapsing.
