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Apr. 2, 2014, 8:37 AM
- Struggling payday loan lender DFC Global (DLLR) agrees to a sale to Lone Star for $9.50 per share in cash. The total deal valuation is $1.3B.
- Shares +6.7% premarket to $9.58
DFC Global Corp is a non-bank provider of alternative financial services, unsecured short term consumer loans, secured pawn loans, check cashing, gold buying, money transfers & reloadable prepaid debit cards, serving unbanked & under-banked consumers.
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