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First Cash Financial, Cash America to combine in merger of equals

and Cash AmericaInternational Inc. entered into a definitive agreement under which the twocompanies will combine in a tax free, all-stock transaction.

Thepro forma market value of equity of the transaction is valued at approximately$2.4 billion, based on the current shares outstanding and the closing stock priceon April 27 for both companies.

More details to follow.