Business in the Burbs

Debt Resolve expects to complete buyout

August

Debt Resolve Inc. of White Plains, which provides a way for lenders, debt collectors and other parties to settle disputes on the Internet, said yesterday that it expects to complete a previously announced acquisition of Creditors Interchange on Aug. 31. When Debt Resolve announced the deal to buy the Buffalo-based accounts receivables management company in May, it had expected to close the deal by the end of June. Also yesterday, Debt Resolve said that it has secured acceptable terms for up to $40 million in debt financing for the acquisition.

This entry was posted on Friday, August 10th, 2007 at 5:15 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
Category: Mergers & acquisitions

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