Cash America International

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Cash America International, Inc.
Public (NYSECSH)
Industry Retail
Founded 1984
Headquarters Fort Worth, Texas, United States
Area served
United States
Key people
Daniel R. Feehan (CEO)
(President) & (Chief Executive Officer)[1]
Services pawnbroker and payday loan services
Website cashamerica.com

Cash America International, Inc. is a Fort Worth, Texas, retailer which operates 859 (as of January 2015) pawn shops in the United States.

Operations[edit]

In addition to operating pawn shops, the company also provides check-cashing services and short-term unsecured loans (commonly referred to as "payday loans") both through its pawn shops as well as in self-standing facilities.

History[edit]

In 2010, it acquired Maxit Financial.[2]

On September 1, 2016 First Cash International completed a merger with Cash America for $994 million to form a new merged company. The new company will allow each store to retain its branding and joint operations will be out of the Cash America corporate location. FirstCash will now be traded under on the NYSE under FCFS. [3]

References[edit]

  1. ^ "Cash America Appoints Dennis J. Weese as President and Chief Operating Officer of Its Retail Services Division". CashAmerica press release via Business Wire. July 3, 2008. Retrieved 2008-10-01.
  2. ^ "Cash America completes pawn shop acquisition". The Associated Press. October 6, 2010. Archived from the original on 2016-03-10.
  3. ^ "FirstCash Announces Successful Completion of Merger of Equals Combining First Cash Financial Services, Inc. and Cash America International, Inc". GlobeNewswire. September 2, 2016.

External links[edit]