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attempting a takeover?


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What is the strategy to taking over a fed? Do you have to wait until they drop down a size, lose money, go bankrupt, etc..? When I go to a fed's "business" section, and attempt a takeover, they always refuse. So...what's the strategy?
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I remember in one of Adam's post that they have to be in debt for months, as the banks will give them some time to turn things around or something like that. Can't really find that topic now for you, so can't really be 100 percent sure about that :)
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