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EZ Corp Completes Acquisition of Mister Cash Pawn Shops

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The usa purchase competition continues with still another major acquistion by EZ Corp away from Austin Texas. Valuations are operating high and suitable applicants are operating scarce. Interesting read We thought We would personally share with your customer list, enjoy!

EZCORP Completes Acquisition of Mister Cash Pawn Shops

Information included with this web web page is given by businesses via news release distributed through PR Newswire, a separate third-party content provider. PR Newswire, WorldNow and also this Station make no warranties or representations in connection therewith.

SUPPLY EZCORP, Inc.

AUSTIN, Texas, might 17, 2011 /PRNewswire/ — EZCORP, Inc. (Nasdaq: EZPW) announced today that it has finished the previously announced acquisition of fifteen Mister cash pawn stores situated in Iowa, Wisconsin, and Illinois. The purchase price had been compensated in cash.

“With the addition of those shops, we continue steadily to solidify and expand our existence in new and areas that are underserved” said Eric Fosse, President for the company’s North American Operations. “Eleven of this obtained shops have been in Iowa, that is an completely new state we see as attractive for further expansion for us and one. Three shops have been in Wisconsin and certainly will complement our 35 EZMONEY loan shops for the reason that state. The remaining shop is in a location of Illinois for which we would not previously have existence.”

“This purchase brings the amount of states by which we run pawn shops to 16, in comparison to 12 at the moment year that is last” proceeded Mr. Fosse. “Strengthening our U.S. pawn existence, both through opportunistic purchases and store that is new, remains a significant part of our development strategy.”

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