Cash America 2014 Annual Report Download - page 9

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7
CASH AMERICA INTERNATIONAL, INC.
2007 – Entered online lending in the United
Kingdom with QuickQuid.co.uk.
2008 – Purchased a majority ownership of
Prenda Fácil, the second-largest pawnshop
chain in Mexico.
2009 – Expanded online lending into Australia
and Canada.
2010 – Acquired 39-store pawnshop chain
in Washington and Arizona under the names
Maxit Financial and Pawn X-Change.
2011 – Acquired seven stores in Arizona
operated by Pawn Partners.
2012 – Acquired 25-store chain, Pawn &
Bargains, in Tennessee, North Carolina.
Also acquired a nine-store chain in Arizona,
Central Pawn.
2013 – David Fisher appointed CEO of Enova.
2013 – Acquired 41-store chain of pawnshops
in Texas, Top Dollar Pawn.
April 2014 – Company announced it was reviewing strategic alternatives for its
e-commerce segment, including a tax-free spin-off to allow the high growth internet
business of Enova to be independent of Cash America’s pawn-focused retail business.
May 2014 – Enova completes $500 million senior notes offering with the proceeds used
to repay intercompany debt and to pay dividend to Cash America.
July 2014 – Enova files a Form 10 Registration Statement with the SEC detailing the
process of the tax-free spin-off whereby 80% of Enova is granted as a dividend to
existing shareholders.
August 2014 – Company exits Mexico by selling its remaining 47 locations.
November 2014 – Enova common stock begins trading on the NYSE under the symbol
“ENVA”. Cash America shareholders receive 0.915 shares of ENVA for every one share of
“CSH”. Cash America returns to its roots of U.S. only pure play pawn lender.
2007-2010
2011-2013
2014