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Bian Products is a new, well-financed manufacturing firm with high fixed costs. The firm has a strong demand, efficient operations and distribution systems, and low

Bian Products is a new, well-financed manufacturing firm with high fixed costs. The firm has a strong demand, efficient operations and distribution systems, and low taxes. Bian is most apt to acquire a target firm that will provide

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marketing gains.

economies of scale.

vertical integration.

net operating losses.

unused debt capacity.

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