Atlanticus acquires Mercury Financial in $162M deal, Adding $3.2B in credit card receivables

2 hours ago 1

Atlanticus Holdings (NASDAQ:ATLC) has acquired Mercury Financial LLC for ~$162M in cash.
Mercury becomes a wholly-owned subsidiary, adding 1.3M credit card accounts and $3.2B in receivables.
Post-acquisition, Atlanticus now services over 5M accounts and manages more than $6B in receivables.