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Covington Advises Financial Advisor On $2.4 Billion Merger

April 28, 2016

NEW YORK — Covington advised Jefferies LLC as financial advisor to Cash America International, Inc. in connection with its merger with First Cash Financial Services, Inc. The pro-forma market value of equity of the transaction is valued at approximately $2.4 billion.

Following the close of the transaction, First Cash shareholders will own approximately 58% of the combined company, and Cash America shareholders will own approximately 42%.

The Covington corporate team representing Jefferies LLC included partner J. D. Weinberg, with associates Silas Lum and Max Heuer.

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