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09-11-2020, 04:48 PM #1Senior Member
Reputation points: 39236
- Join Date
- Oct 2014
- Location
- Naples, FL
- Posts
- 470
Amex didn't buy the loans... only the tech and people. Separate entity was opened to service the loans.
Originally Posted by Kevin Henry-Seacoast
My question is: what was the real purchase price? 850M as speculated? And was this huge number made to cover the losses coming down the line?
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