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BUSINESS
February 20, 1997
The fast-growing Dallas firm that operates FirstPlus finance company jumped into the California market by agreeing to acquire Citizens Thrift & Loan in a stock swap valued at $25 million to $30 million. RAC Financial Group Inc., which uses quarterback Dan Marino as its spokesman, said it plans to expand throughout California. The deal must be approved by regulators and by shareholders of Citizens' parent company, Western International Bancorp of Newport Beach.
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BUSINESS
March 5, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
A fast-growing Dallas finance company that agreed two weeks ago to buy a Tustin thrift and loan said Tuesday it has acquired a Laguna Hills mortgage banker in a stock swap. RAC Financial Group Inc. said it bought Capital Direct Funding Group Inc. and will operate the company as a separate subsidiary. RAC wouldn't disclose the value of the stock.
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BUSINESS
March 5, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
A fast-growing Dallas finance company that agreed two weeks ago to buy a Tustin thrift and loan said Tuesday it has acquired a Laguna Hills mortgage banker in a stock swap. RAC Financial Group Inc. said it bought Capital Direct Funding Group Inc. and will operate the company as a separate subsidiary. RAC wouldn't disclose the value of the stock.
BUSINESS
February 20, 1997
The fast-growing Dallas firm that operates FirstPlus finance company jumped into the California market by agreeing to acquire Citizens Thrift & Loan in a stock swap valued at $25 million to $30 million. RAC Financial Group Inc., which uses quarterback Dan Marino as its spokesman, said it plans to expand throughout California. The deal must be approved by regulators and by shareholders of Citizens' parent company, Western International Bancorp of Newport Beach.
BUSINESS
February 20, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
The fast-growing Dallas company that operates FirstPlus finance company jumped into the California market Wednesday by agreeing to acquire Citizens Thrift & Loan in a stock swap valued at $25 million to $30 million. RAC Financial Group Inc., which uses professional football star Dan Marino as its national spokesman, said it plans to expand the Citizens operation throughout California and in nearby states.
BUSINESS
February 20, 1997 | JAMES S. GRANELLI, TIMES STAFF WRITER
The fast-growing Dallas company that operates FirstPlus finance company jumped into the California market Wednesday by agreeing to acquire Citizens Thrift & Loan in a stock swap valued at $25 million to $30 million. RAC Financial Group Inc., which uses professional football star Dan Marino as its national spokesman, said it plans to expand the Citizens operation throughout California and in nearby states.
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