Equifax Completes Acquisition of CSC Credit Services Assets
ATLANTA, Dec. 28, 2012
ATLANTA, Dec. 28, 2012 /PRNewswire/ --Equifax Inc. (NYSE: EFX) announced the
completion of the acquisition of certain business assets and the operations of
CSC Credit Services, Inc., a subsidiary of Computer Sciences Corporation
(NYSE: CSC) following satisfaction of all closing conditions of the asset
purchase agreement. Equifax announced on December 3 that it entered into a
definitive purchase agreement with respect to this acquisition.
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Headquartered in Houston, TX, CSC's credit services business provides consumer
credit services and related information to banks, mortgage companies, retail
establishments, the automotive industry, medical entities, utility companies
and other users of financial and credit information. CSC owns consumer credit
files in 15 U.S. states covering approximately 20 percent of the U.S.
population. CSC has been Equifax's largest credit affiliate since 1988.
Equifax has been processing CSC's credit information and selling those files
nationally since that time.
About Equifax (www.equifax.com)
Equifax is a global leader in consumer and commercial information solutions,
providing businesses of all sizes and consumers with information they can
trust. We organize and assimilate data on more than 500 million consumers and
81 million businesses worldwide, and use advanced analytics and proprietary
technology to create and deliver customized insights that enrich both the
performance of businesses and the lives of consumers.
Headquartered in Atlanta, Equifax operates or has investments in 18 countries
and is a member of Standard & Poor's (S&P) 500® Index. Its common stock is
traded on the New York Stock Exchange under the symbol EFX. For more
information, please visit www.equifax.com .
This document may contain forward-looking statements. Various known and
unknown risks, uncertainties and other factors could lead to material
differences between the actual future results, financial situation,
development or performance of Equifax and the information contained in this
release. These factors include the ability to integrate successfully the
purchased assets and operations within Equifax or to realize synergies from
such integration; costs related to the acquisition; the economic environment
of the industries in which Equifax operates; and other risk factors discussed
in Equifax's public reports filed with the SEC. Equifax assumes no duty
whatsoever to update these forward-looking statements or to conform them to
future events or developments.
SOURCE Equifax Inc.
Contact: Jeff Dodge, Investor Relations, +1-404-885-8804,
email@example.com; or Tim Klein, Media Relations, +1-404-885-8555,
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