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Synchrony acquires Ally Financial's point-of-sale financing business

Stamford-headquartered Synchrony (NYSE:SYF) is acquiring the point of sale financing business, including $2.2 billion of loan receivables, from Ally Financial Inc. (NYSE:ALLY). ....

Jeff Jb Brown , Ally Financial Inc , Stamford Headquartered Synchrony , Ally Financial , Ally Lending , Synchrony President ,

Why did Ally Financial stock go up today? Synchrony unit deal (NYSE:ALLY)

Why did Ally Financial stock go up today? Synchrony unit deal (NYSE:ALLY)
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Jeff Brown , Federal Reserve , Synchrony Financial , Ally Lending ,