UPDATE 1-Ally Financial to buy CardWorks in $2.65 bln deal
17 Feb UPDATE 1-Ally Financial to buy CardWorks in $2.65 bln deal
Posted at 23:24h
in
News
by KMFSLLP
Auto lender Ally Financial Inc
on Tuesday agreed to acquire privately held CardWorks for $2.65
billion as it looks to diversify its consumer product offerings,
supported by a growing and low-cost deposit base.
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