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In August of 1997, Bill Gates saved Apple, which was on the brink of bankruptcy. And, as part of the deal, Apple agreed to drop a lawsuit accusing Microsoft of copying its operating system.
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In 1978, on the brink of bankruptcy, Chrysler ceased all operations in Europe, and Chrysler Europe was sold to PSA Peugeot Citroën for $1
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In 2009 JPMorgan Chase & Co. agreed to a $722 million settlement with the SEC to end a probe into sales of derivatives that helped push Alabama's most populous county to the brink of bankruptcy.