The question was to that of does a liquidation qualify toward that of "sole survivor" requirement. The answer is "yes". Just something which I didn't know the answer.
I did not want to merge for 2 reasons. In some scenarios, the AI member just starts another railway once his original railway has been purchased or merged. The 2nd reason in this case, as in other scenarios, is the number of bonds, some of which are as high as 16%. That can be a real drag. Especially when my operation is hanging on a thread of revenue.
Just thought I would pass this on for those who had some doubts.
![salute :salute:](./images/smilies/salute.gif)
![worship {,0,}](./images/smilies/worshippy.gif)