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Article: Dollar Financial Corp Announces Agreement to Acquire Dealers' Financial Services, LLC.
- Article from:
- Investment Weekly News
- Article date:
- November 14, 2009
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Dollar Financial Corp (NASDAQ:DLLR), a leading international diversified financial services company primarily serving unbanked and under-banked consumers for nearly thirty years, announced it has entered into an agreement to acquire Dealers' Financial Services, LLC, or "DFS". DFS is an established business that provides services to military personnel who obtain auto loans in the United States made by a third party national bank. The bank approves the loan application, funds and services the loans, and bears the credit risks. The acquisition, which is contingent upon obtaining financing, is anticipated to be completed in early December.
DFS, which is headquartered ...