51.   A merger would result in efficiencies and cost savings, Schwartz said in a statement.

52.   ABN Amro has said it is interested in a retail branch network in the U.K. and unlike some other foreign banks could achieve cost savings after the takeover.

53.   According to the same study, only a third of the districts who hired private companies for cost savings said they had actually saved money.

54.   After junior executives spent six months determining the expected cost savings, they sealed the agreement in July, Sterling said.

55.   Both water companies said they could make large cost savings through providing several services to the same customer, and would benefit from economies of scale.

56.   But both companies reported flat revenues, indicating the results were produced by cost savings and not by strong consumer spending.

57.   But efforts by Newport News to realize promised cost savings over the last two years have been largely unsuccessful.

58.   But he said the opportunities for cost savings were limited because of little overlap between the two companies in manufacturing, sales and administration and research.

59.   But he said cost savings from layoffs were not a major consideration in the deal.

60.   But Dresdner provides added value through cost savings and expedited service, says Brian Smalley, Coutinho Caro vice president for steel sales to Latin America.