Blue ocean or stormy waters? Buying nix check cashing (210-0120)

Tufano, Peter and Ryan, Andrea (2009) Blue ocean or stormy waters? Buying nix check cashing (210-0120). [Case]

Abstract

Kinecta Federal Credit Union has the opportunity to purchase Nix Check Cashing as part of their "blue ocean" strategy to reach the financially underserved and increase credit union membership and deposits. But they face financial as well as reputational risk. Check cashing, payday lending and other alternative financial services are maligned in mainstream financial circles. This case asks students to evaluate both organizations, their respective industries, and the proposed $45 million deal and determine whether or not it makes sense for Kinecta to purchase Nix.

Item Type: Case
Keywords: finance, accounting, change management
Subject(s): Finance
Date Deposited: 01 Apr 2016 14:19
Last Modified: 01 Apr 2016 14:19
Funders: n/a
URI: http://eureka.sbs.ox.ac.uk/id/eprint/5998

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