Cash America International, Inc. (CSH) announced it has exited two non-strategic markets through the sale of its 47 pawn lending locations in Mexico and its 5 pawn lending locations in Colorado. After the completion of these two transactions, the company will operate 864 lending locations in 21 states with $256.5 million in pawn loan balances, based on pawn loan balances outstanding as of June 30, 2014.
Daniel Feehan, CEO of Cash America said, "The decision to exit the non-strategic markets of Mexico and Colorado will allow us to focus our resources and efforts on driving growth and enhancing the customer service in our overall network of coast to coast locations in the United States."
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