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COPYRIGHT 2005 Investor's Business Daily, Inc.
FINANCE
Lender buys into credit card biz
CompuCredit, a subprime lender, has purchased CardWorks, the parent of Merrick Bank, and Cardholder Management Services. Merrick is a large issuer of Visa and MasterCard credit cards, and Cardholder provides credit card servicing. The deal is pending a regulatory OK. CompuCredit rose...
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