Purchase of the largest local commercial bank

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You are the mayor of a community of 12,000 people. You are active in virtually all of the civic activities of the town and as such your opinion is solicited on political, economic, sociological, and other factors. You have been asked by one of the civic groups to comment on the implications for the community of a prospective purchase of the largest local commercial bank by an out-of-state bank holding company. What is your response?

Reference no: EM131133203

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