EZCORP (EZPW) Acquires Eleven Nevada Pawnshops For A Total Purchase Price of $34.5 Million
More News related to EZPW
- EZCORP Completes Acquisition of Eleven Nevada Pawnshops
- EZCORP Announces Fiscal 2008 Fourth Quarter and Yearend Results
- Webcast Alert: EZCORP announces EZCORP Fiscal 2008 Fourth Quarter Earnings
- Webcast Alert: EZCORP announces EZCORP Fiscal 2008 Fourth Quarter Earnings
- Matrix USA Rating Changes 10/2
More News related to Mergers and Acquisitions
- Sources Say 'Highly Unlikely' That Miller Buys Yahoo! (YHOO) -CNBC
- Former AOL CEO John Miller In Talks With PE Shops To Buy Yahoo (YHOO)
- Reports Total Is Preparing A Bid For NEXEN (NXY)
- Bucyrus (BUCY) Completes Acquisition of Bastro a.s.
- LHC Group (LHCG) Completes Acquisitions of Whispering Pines Health Services and HomeCall; Guides FY09 Sales, EPS
EZCORP, Inc. (Nasdaq: EZPW) announced that it has entered into a definitive agreement to acquire the assets of eleven pawnshops located in Las Vegas and Henderson, Nevada that operate under the Pawn Plus and ASAP Pawn brands.
EZCORP will acquire approximately $6.6 million of pawn loans, $2.2 million of inventory, $1.2 million of auto title loans and all other operating assets at the eleven locations for a total purchase price of $34.5 million. Half of the purchase price will be paid with the issuance of EZCORP's Class A Non-voting Common Stock and half in cash. The acquisition is expected to close by early November.
Related Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
+0.96Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
