Answered

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ABC Corp. has reached $700 million in sales, and wants to buy its competitor XYZ Corp. As Finance Manager, what should you expect when you approach an investment bank to help you with the acquisition?

Sagot :

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What is to be expected is that the The investment bank will provide you with broker services to help in the acquisition

What is an investment bank?

This is a type of bank that is helpful and plays intermediary roles in the acquisitions of stocks and assets.

The investment bank is going to help you with the purchase of the competitor.

Read more on investment banks

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