First Cash Financial Services Inc. is in advanced talks to merge with Cash America International Inc., people with knowledge of the matter said, in a deal that would bring together two of the largest retail pawn shop operators in the U.S.
The companies are discussing an all-stock merger of equals and an agreement could be announced as soon as this week, said the people, who asked not to be identified because the information is private. A transaction hasn’t been finalized and talks could still fall apart, the people said.