Synchrony and Ally Financial Reach Agreement on Sale of Ally’s Point-of-Sale Financing Business

Acquisition Enhances Synchrony’s Reach and Scale in Home Improvement and Health and Wellness Financing; Sale Enables Ally To Invest Its Resources in Growing Scale Businesses and Strengthening Relationships with Dealer Customers and Consumers STAMFORD, Conn. and CHARLOTTE, N.C., Jan. 19,…

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