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Merging Strengths
Some secondary reasons companies may consider merging with another company is to gain additional product lines as well as add a wider customer base that is complementary to their own foundation of clients.
"It's sometimes cheaper and quicker to acquire a company rather than develop additional businesses, customers and skills," said Allman. He noted that both DFS and Newshire will end up having more resources available, such as equipment and people skills, to do their jobs more proficiently.
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