Saturday, November 27, 2010

News Release

FOR IMMEDIATE RELEASE:

Contact:
Abigail Wise
FinCo
(555) 555-5555
Wiseab@rider.edu
www.FinCo.com

FinCo Acquires Smaller Competitor

Bala Cynwyd, PA., September 26, 2010 — FinCo, a fortune 1000 company that specializes in mortgages announced yesterday that they will be acquiring a smaller competitor, Financial Boutique. The acquisition will increase and complement Finco’s capabilities and product offerings.

Financial Boutique is a privately held company that focuses on providing mortgages for affordable housing programs. Finco currently does not have any mortgage brokers who focus on affordable housing finance.

“After the sale is complete financial boutique will be known as FinCo’s affordable housing division,” Said Bill Smith, FinCo CEO and President. “Current Financial Boutique vice president Margaret Jones will run the affordable housing division and report directly to me.”

Financial Boutique CEO Jack Collins will retire from the company when the sale is complete.

Finco is a fortune 1000 company that provides an array of financial services that specialize in mortgages.

For additional information or a sample copy, Contact: Abigail Wise
FinCo
(555) 555-5555
Wiseab@rider.edu
www.FinCo.com

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