(Reuters) - That means the takeover value of the business dropped by $300 million, or 21 percent, since Block announced a deal on April 20 to sell the unit to Cerberus.
"This was a really rough quarter for the subprime industry overall," H&R Block Chief Executive Mark Ernst said.
Read more at Reuters.com Mergers News
"This was a really rough quarter for the subprime industry overall," H&R Block Chief Executive Mark Ernst said.
Read more at Reuters.com Mergers News
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