EZCORP Terminates Acquisition Agreement With Presta Dinero
MT Newswires Live03-19
EZCORP (EZPW) said Wednesday it has terminated its agreement with Presta Dinero to buy 53 stores in Mexico.
The agreement had been entered into on Sept. 10, the company said.
"While the termination of the present transaction is unfortunate, we remain excited about our expansion opportunities in Mexico," said EZCORP Chief Executive Lachie Given.
"We currently operate over 560 stores across Mexico and continue to grow our footprint through opening de novo stores, while maintaining our disciplined pursuit of opportunistic acquisitions," Given said.
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