April 2, 2014 / 12:20 PM / 3 years ago

DFC Global to sell itself to Lone Star Funds

April 2 (Reuters) - DFC Global Corp, a pawn and payday lender, said it would sell itself to private equity firm Lone Star Funds for about $1.3 billion, including debt.

DFC Global stockholders will receive $9.50 per share in cash, representing a premium of about 6 percent to the stock's Tuesday closing. (Reporting By Neha Dimri in Bangalore; Editing by Saumyadeb Chakrabarty)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below