diff --git a/src/company_base.h b/src/company_base.h
index affe28ab9a..361279190a 100644
--- a/src/company_base.h
+++ b/src/company_base.h
@@ -49,6 +49,13 @@ struct CompanyInfrastructure {
 	char *Dump(char *buffer, const char *last) const;
 };
 
+enum CompanyBankruptcyFlags : byte {
+	CBRF_NONE      =   0x0,
+	CBRF_SALE      =   0x1, ///< the company has been marked for sale
+	CBRF_SALE_ONLY =   0x2, ///< the company has been marked for sale without being in a bankruptcy state first
+};
+DECLARE_ENUM_AS_BIT_SET(CompanyBankruptcyFlags)
+
 typedef Pool<Company, CompanyID, 1, MAX_COMPANIES> CompanyPool;
 extern CompanyPool _company_pool;
 
@@ -82,6 +89,7 @@ struct CompanyProperties {
 
 	byte months_of_bankruptcy;       ///< Number of months that the company is unable to pay its debts
 	CompanyID bankrupt_last_asked;   ///< Which company was most recently asked about buying it?
+	CompanyBankruptcyFlags bankrupt_flags; ///< bankruptcy flags
 	CompanyMask bankrupt_asked;      ///< which companies were asked about buying it?
 	int16 bankrupt_timeout;          ///< If bigger than \c 0, amount of time to wait for an answer on an offer to buy this company.
 	Money bankrupt_value;
@@ -113,7 +121,7 @@ struct CompanyProperties {
 		: name_2(0), name_1(0), president_name_1(0), president_name_2(0),
 		  face(0), money(0), money_fraction(0), current_loan(0), colour(0), block_preview(0),
 		  location_of_HQ(0), last_build_coordinate(0), share_owners(), inaugurated_year(0),
-		  months_of_bankruptcy(0), bankrupt_last_asked(INVALID_COMPANY), bankrupt_asked(0), bankrupt_timeout(0), bankrupt_value(0),
+		  months_of_bankruptcy(0), bankrupt_last_asked(INVALID_COMPANY), bankrupt_flags(CBRF_NONE), bankrupt_asked(0), bankrupt_timeout(0), bankrupt_value(0),
 		  terraform_limit(0), clear_limit(0), tree_limit(0), purchase_land_limit(0), build_object_limit(0), is_ai(false), engine_renew_list(nullptr) {}
 };
 
diff --git a/src/company_cmd.cpp b/src/company_cmd.cpp
index 467dbde3ba..c5548805c0 100644
--- a/src/company_cmd.cpp
+++ b/src/company_cmd.cpp
@@ -681,6 +681,7 @@ static void HandleBankruptcyTakeover(Company *c)
 
 	assert(c->bankrupt_asked != 0);
 
+
 	/* We're currently asking some company to buy 'us' */
 	if (c->bankrupt_timeout != 0) {
 		c->bankrupt_timeout -= MAX_COMPANIES;
@@ -698,7 +699,7 @@ static void HandleBankruptcyTakeover(Company *c)
 
 	/* Ask the company with the highest performance history first */
 	for (Company *c2 : Company::Iterate()) {
-		if (c2->bankrupt_asked == 0 && // Don't ask companies going bankrupt themselves
+		if ((c2->bankrupt_asked == 0 || (c2->bankrupt_flags & CBRF_SALE_ONLY)) && // Don't ask companies going bankrupt themselves
 				!HasBit(c->bankrupt_asked, c2->index) &&
 				best_performance < c2->old_economy[1].performance_history &&
 				MayCompanyTakeOver(c2->index, c->index)) {
@@ -709,7 +710,13 @@ static void HandleBankruptcyTakeover(Company *c)
 
 	/* Asked all companies? */
 	if (best_performance == -1) {
-		c->bankrupt_asked = MAX_UVALUE(CompanyMask);
+		if (c->bankrupt_flags & CBRF_SALE_ONLY) {
+			c->bankrupt_asked = 0;
+			DeleteWindowById(WC_BUY_COMPANY, c->index);
+		} else {
+			c->bankrupt_asked = MAX_UVALUE(CompanyMask);
+		}
+		c->bankrupt_flags = CBRF_NONE;
 		return;
 	}
 
@@ -962,9 +969,12 @@ CommandCost CmdCompanyCtrl(TileIndex tile, DoCommandFlag flags, uint32 p1, uint3
 
 			if (!(flags & DC_EXEC)) return CommandCost();
 
+			c->bankrupt_flags |= CBRF_SALE;
+			if (c->bankrupt_asked == 0) c->bankrupt_flags |= CBRF_SALE_ONLY;
 			c->bankrupt_value = CalculateCompanyValue(c, false);
 			c->bankrupt_asked = 1 << c->index; // Don't ask the owner
 			c->bankrupt_timeout = 0;
+			DeleteWindowById(WC_BUY_COMPANY, c->index);
 			break;
 		}
 
diff --git a/src/company_gui.cpp b/src/company_gui.cpp
index a9114e4160..6245ad2fd3 100644
--- a/src/company_gui.cpp
+++ b/src/company_gui.cpp
@@ -2885,12 +2885,13 @@ struct BuyCompanyWindow : Window {
 	BuyCompanyWindow(WindowDesc *desc, WindowNumber window_number) : Window(desc)
 	{
 		this->InitNested(window_number);
+		this->owner = _local_company;
 	}
 
 	~BuyCompanyWindow()
 	{
 		const Company *c = Company::GetIfValid((CompanyID)this->window_number);
-		if (c != nullptr && HasBit(c->bankrupt_asked, _current_company)) {
+		if (c != nullptr && HasBit(c->bankrupt_asked, this->owner)) {
 			DoCommandP(0, this->window_number, 0, CMD_DECLINE_BUY_COMPANY);
 		}
 	}
diff --git a/src/economy.cpp b/src/economy.cpp
index 2dd9c96cd4..e75b30e41e 100644
--- a/src/economy.cpp
+++ b/src/economy.cpp
@@ -628,10 +628,12 @@ void ChangeOwnershipOfCompanyItems(Owner old_owner, Owner new_owner)
 static void CompanyCheckBankrupt(Company *c)
 {
 	/*  If the company has money again, it does not go bankrupt */
+	if (c->bankrupt_flags & CBRF_SALE) return;
 	if (c->money - c->current_loan >= -_economy.max_loan) {
 		int previous_months_of_bankruptcy = CeilDiv(c->months_of_bankruptcy, 3);
 		c->months_of_bankruptcy = 0;
 		c->bankrupt_asked = 0;
+		DeleteWindowById(WC_BUY_COMPANY, c->index);
 		if (previous_months_of_bankruptcy != 0) CompanyAdminUpdate(c);
 		return;
 	}
diff --git a/src/saveload/company_sl.cpp b/src/saveload/company_sl.cpp
index eae014b581..c9a2da7d7e 100644
--- a/src/saveload/company_sl.cpp
+++ b/src/saveload/company_sl.cpp
@@ -283,6 +283,7 @@ static const SaveLoad _company_desc[] = {
 
 	    SLE_VAR(CompanyProperties, months_of_bankruptcy,  SLE_UINT8),
 	SLE_CONDVAR_X(CompanyProperties, bankrupt_last_asked, SLE_UINT8,         SL_MIN_VERSION, SL_MAX_VERSION, SlXvFeatureTest(XSLFTO_AND, XSLFI_BANKRUPTCY_EXTRA)),
+	SLE_CONDVAR_X(CompanyProperties, bankrupt_flags,      SLE_UINT8,         SL_MIN_VERSION, SL_MAX_VERSION, SlXvFeatureTest(XSLFTO_AND, XSLFI_BANKRUPTCY_EXTRA, 2)),
 	SLE_CONDVAR(CompanyProperties, bankrupt_asked,        SLE_FILE_U8  | SLE_VAR_U16,  SL_MIN_VERSION, SLV_104),
 	SLE_CONDVAR(CompanyProperties, bankrupt_asked,        SLE_UINT16,                SLV_104, SL_MAX_VERSION),
 	    SLE_VAR(CompanyProperties, bankrupt_timeout,      SLE_INT16),
diff --git a/src/saveload/extended_ver_sl.cpp b/src/saveload/extended_ver_sl.cpp
index a8dcc3678d..b501e5cb2e 100644
--- a/src/saveload/extended_ver_sl.cpp
+++ b/src/saveload/extended_ver_sl.cpp
@@ -161,7 +161,7 @@ const SlxiSubChunkInfo _sl_xv_sub_chunk_infos[] = {
 	{ XSLFI_EXTRA_STATION_NAMES,    XSCF_NULL,                1,   1, "extra_station_names",       nullptr, nullptr, nullptr        },
 	{ XSLFI_DEPOT_ORDER_EXTRA_FLAGS,XSCF_IGNORABLE_UNKNOWN,   1,   1, "depot_order_extra_flags",   nullptr, nullptr, nullptr        },
 	{ XSLFI_EXTRA_SIGNAL_TYPES,     XSCF_NULL,                1,   1, "extra_signal_types",        nullptr, nullptr, nullptr        },
-	{ XSLFI_BANKRUPTCY_EXTRA,       XSCF_NULL,                1,   1, "bankruptcy_extra",          nullptr, nullptr, nullptr        },
+	{ XSLFI_BANKRUPTCY_EXTRA,       XSCF_NULL,                2,   2, "bankruptcy_extra",          nullptr, nullptr, nullptr        },
 	{ XSLFI_OBJECT_GROUND_TYPES,    XSCF_NULL,                3,   3, "object_ground_types",       nullptr, nullptr, nullptr        },
 	{ XSLFI_LINKGRAPH_AIRCRAFT,     XSCF_NULL,                1,   1, "linkgraph_aircraft",        nullptr, nullptr, nullptr        },
 	{ XSLFI_COMPANY_PW,             XSCF_IGNORABLE_ALL,       1,   1, "company_password",          nullptr, nullptr, "PLYP"         },