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First Cash Said to Be in Advanced Merger Talks With Cash America

  • An agreement could be announced as soon as this week
  • Deal would bring together two of the largest U.S. pawn shops

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.