Telecredit, Equifax Holders OK Merger: The approval...
From Times Staff and Wire Reports
Telecredit, Equifax Holders OK Merger: The approval paved the way for Telecredit, a Los Angeles-based provider of check authorization services, to become a wholly owned subsidiary of Equifax, an Atlanta-based provider of information services and systems. Equifax acquired Telecredit under a tax-free exchange of 2.8625 shares of Equifax for each share of Telecredit.
