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Article: Cash America Completes Sale of European Businesses and Announces Agreement to Buy Largest U.S. Based Independent Pawn Lending Business.
- Article from:
- Business Wire
- Article date:
- September 8, 2004
CopyrightCOPYRIGHT 2004 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FORT WORTH, Texas -- Cash America International, Inc. (NYSE:PWN) announced today that it has sold its two European subsidiaries in a single transaction and in a separate transaction signed an agreement for the purchase of a 41-store chain of pawn locations based in Las Vegas, Nevada. The sale of the two European pawn-lending businesses, Harvey and Thompson based in London, England, and Svensk Pantbelaning based in Stockholm, Sweden, was completed on September 7, 2004. On the same day, Cash America entered into an agreement to purchase the pawn operating assets of Camco, Inc., which does business under the trade name SuperPawn in four western states.
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