Check-cashing firm buys 10 more stores across Miss.
by MBJ Staff
Published: May 16,2013
Tags: acquisition, buy. sell, check, check cashing, expand, expansion, finance, financial institution, loan, merger, payday loan, purchase, sale, store
MADISON — All American Check Cashing announced today the completion of the acquisition of 10 payday loan retail stores today throughout Mississippi.
Terms were not disclosed.
This marks the second merger and acquisition for All American this year and increases the total number of retail stores in Mississippi and Louisiana to 44. The payday loan retail stores were located in Brookhaven, Cleveland, Greenville, Hattiesburg, Indianola, Laurel, McComb, Starkville, Tupelo and Vicksburg, and operated under the name Cash Box, Cash Stop, Cash Cure, Cash Zone or Check Exchange.
Although some of the acquired locations will be merged into existing locations and operations, the Brookhaven, McComb and Indianola locations will remain operational at the present time.
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May 18th, 2013 at 3:13 pm
Way to go!!