Buy Bank had $130 million in assets and $20 million in expenses before the acquisition of Sell
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Buy Bank had $130 million in assets and $20 million in expenses before the acquisition of Sell Bank, which had assets of $50 million and expenses of $10 million. After the merger, the bank had $180 million in assets and $35 million in expenses. Did this acquisition generate either economies of scale or economies of scope for Buy Bank?
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Related Book For
Financial Institutions Management A Risk Management Approach
ISBN: 978-1259717772
9th edition
Authors: Anthony Saunders, Marcia Millon Cornett
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