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FBR Capital Upgrades Cash America International (CSH) to Outperform

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Cash America (CSH) to Acquire 34 Pawn Locations for $62M

August 28, 2013 7:07 AM EDT

Cash America International, Inc. (NYSE: CSH) has signed an asset purchase agreement for the acquisition of substantially all of the assets of a chain of 34 pawn lending locations. When completed, the transaction will add 31 pawn lending locations in Georgia and 3 locations in North Carolina, which will expand Cash Americas presence in both markets. The stores are currently owned by PawnMart, Inc. and operate... More