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Asta Funding Inc announces the Acquisition of CBC Settlement Funding, LLC

Tuesday, 7 Jan 2014 08:32am EST 

Asta Funding Inc:Says the acquisition of an 80% ownership interest in CBC Settlement Funding, LLC.Says on Dec. 31, 2013, the company, through a subsidiary acquired 100% of the ownership of CBC and its affiliate, CBC Management Services, LLC, for about $5.9 mln.Says at the closing, the operating principals of CBC, namely William J. Skyrm, Esq. and James Goodman, were issued a 20% interest in CBC (10% to Mr. Skyrm, and 10% to Mr. Goodman). 

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