Aquiline's Announced Buy of FIFS Receives Shareholder Approval
October 31, 2012
The shareholders of First Investors Financial Services Group (PK: FIFS) have approved the announced $100 million acquisition of the company by Aquiline Capital Partners. 99.9% of the shares voted were in favor of the transaction. FIFSG is a consumer finance company engaged in originating and holding for investment automobile finance receivables and promissory notes originated by franchised automobile dealers or through refinancing transactions with the vehicle owners.