|
|
Article: Republic Financial Completes the Purchase of the Outstanding Shares of American Identity.
- Article from:
- PR Newswire
- Article date:
- February 14, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. 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)
|
AURORA, Colo., Feb. 14 /PRNewswire/ -- Republic Financial Corporation and its affiliate companies announced that it has purchased the remaining ownership position in Identity Now, Inc., the parent company of American Identity (one of the largest promotional products company in the United States). At the same time, American Identity closed a new $25 million operating line with Gold Bank and refinanced outstanding loans.
American Identity's refinancing is the culmination of significant progress that the company has made since early 2003 when it was spun-off as an independent company through the financial restructuring of its former parent company. Republic made ...