EZCorp

EZCorp

Infobox_Company
company_name = EZCorp
company_type = Public (nasdaq|EZPW)
foundation = 1989
location = Austin, Texas| num_employees = 3,200 (2008) | industry = Retail, Financial services
key_people = Joe Rotunda, CEO
Sterling Brinkley, Chairman
Daniel Tonissen, CFO |John Thedford homepage = [http://www.ezcorp.com ezcorp.com]
market c
US$ 875.45 Million ("2008")

EZCorp (NASDAQ|EZPW) is a publicly traded company based in Austin, Texas. The company is primarily involved with retail, payday lending, signature loans, and pawn lending. [http://www.reuters.com/finance/stocks/companyProfile?symbol=EZPW.O]

The company was founded in 1989 with 16 pawn shops and now operates over 670 stores in 13 states and Mexico under the names of EZPAWN, EZMONEY Loan Services, EZMONEY Payday Loans and EZ Loan Services brand names. [http://www.ezcorp.com/corp.php "Corporate Information"] , EZCorp company website] EZCORP also holds approximately 29 percent of the outstanding shares of Albemarle & Bond Holdings

EZCorp has always been interested in the purchasing of other loan providers, recently (September 2008) they announced a new agreement to aquire Value Financial (the worlds largest privately owned credit provider). [cite news |first= |last= |authorlink= |author= |coauthors= |title=Ezcorp to buy Value Financial for $79.8M |url=http://www.forbes.com/feeds/ap/2008/09/17/ap5436672.html |format= |work= |publisher=Forbes |location= |id= |pages= |page= |date=2008-09-17 |accessdate=2008-09-20 |language= |quote= |archiveurl= |archivedate= ] Around a week before announcing that deal EZCorp informed the public about their purchase of Pawn Plus and ASAP Pawn (two large Las Vegas based loan providers). These three purchases will increase their store count by around 100.Fact|date=September 2008

References

* [http://www.reuters.com/article/smallBusinessNews/idUSBNG20099520080811 EZCorp's acquisition of Value Financial terminated] by Reuters

ee also

*Cash America International

External links

* [http://www.ezcorp.com/index.php Official website]


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