Be in the hands of the receivers and Close down

Close down and be in the hands of the receivers are semantically related. In some cases you can use "Close down" instead a verb phrase "Be in the hands of the receivers".

Close down verb - Cease to operate or cause to cease operating.

Be in the hands of the receivers and close down are semantically related. You can use "Be in the hands of the receivers" instead a verb "Close down".