They CAN'T shut down Ubuntu, as it will run with or without support
If Canonical as a whole simply shut down, all existing Ubuntu installs would continue to run just fine, there would just be no new support efforts from Canonical. Probably someone would keep the package archives availabe. My guess would be either Debian or Mint would do this. Meanwhile there would be migration scripts to convert Ubuntu or Ubuntu-based distros to ones based directly on Debian.
Originally posted by johnc
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