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LM Funding Completes Acquisition of Global Medical Insurance Product Company, IIU, Inc.

Jan 17, 2019 - GlobeNewswire
Mergers and Acquisitions

TAMPA, Fla., Jan. 17, 2019 (GLOBE NEWSWIRE) -- LM Funding America, Inc. (NASDAQ: LMFA) ("LM Funding" or the "Company"), a technology-based specialty finance company, today announced it has completed the acquisition of all of the outstanding stock of IIU, Inc. ("IIU"), pursuant to definitive agreements formalizing the Letter of Intent the Company entered into on December 20, 2018. The transaction was approved by the Board of Directors on January 15, 2019 following a legal and business due dilig...