Triad to Be Bought Out
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HUNTINGTON BEACH — ContiFinancial Corp., a New York finance company, said Thursday it will acquire the remaining 44% stake in Huntington Beach-based Triad Financial Corp. from minority shareholders by the end of the week.
Financial terms weren’t disclosed. ContiFinancial had acquired a majority stake in Triad in November 1996. Privately owned Triad, founded in 1988, specializes in providing consumer finance packages for auto dealers.
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