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Park Cities Asset Management Completes Acquisition of Elevate

Park Cities Asset Management Completes Acquisition of Elevate
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

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Elevate Credit to go private in $67 million sale

The subprime consumer lender, whose stock price has sagged this year, is being sold to an asset management firm. Elevate's CEO told employees that "the current market conditions present a challenging backdrop for our organization and so many others in the consumer finance industry." ....

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Elevate Credit (ELVT) to be Acquired by Park Cities Asset Management for $1.87 Per Share

Elevate Credit (ELVT) to be Acquired by Park Cities Asset Management for $1.87 Per Share
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United States , Fort Worth , Alex Dunev , Jason Harvison , York Stock Exchange , Morrison Foerster , Park Cities Asset Management , Morrison Foerster Llp , Wick Phillips Gould Martin , Husch Blackwell , New York Stock Exchange , Morgan Stanley Co , Elevate Credit Inc , Park Cities , Today Card , New Middle Class , Chief Executive Officer , Elevate Board , Wick Phillips Gould ,

Stock Market | FinancialContent Business Page

Stock Market | FinancialContent Business Page
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How 'it all unraveled' for one online tribal lender

A decade ago, Think Finance partnered with Native American tribes in an effort to avoid state interest-rate caps on consumer loans. After the company's legal woes finally ended this month, court documents shed light on its rapid rise and steep fall. ....

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