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Stock impact report

EZCORP Announces Agreement to Acquire 53 Pawn Stores in Mexico

EZCORP, Inc. - Class A Non-Voting (EZPW) 
Last ezcorp, inc. - class a non-voting earnings: 2/3 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.ezcorp.com
Company Research Source: GlobeNewswire
AUSTIN, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) -- EZCORP, Inc. (NASDAQ:EZPW), a leading provider of pawn loans in the United States and Latin America, announced today that it has entered into a definitive agreement to acquire 53 pawn stores in Mexico. The seller, Presta Dinero, S.A. de C.V. and doing business as “Auto Dinero,” currently operates across 21 states in Mexico and specializes in two types of auto pawn transactions – auto (vehicle) pawn, where the pawnbroker takes possession of the vehicle, and title pawn, where the vehicle title document is pawned, allowing the customer to retain use of their vehicle while repaying the pawn transaction. Auto Dinero was founded in 2005 by Jorge Hernandez, an outstanding pawn executive with extensive experience in the industry, who will join EZCORP as a result of the transaction. Lachie Given, EZCORP Chief Executive Officer, stated: “We are excited about our continued expansion in Mexico, where we are delivering significant growth. Auto Show less Read more
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