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Subprime auto dealer America’s Car-Mart seeks rescue financing

Bloomberg News

America’s Car-Mart Inc., a used car seller and subprime lender, is working on an eleventh hour capital raise to stave off a potential bankruptcy filing after a cash crunch put the company on the verge of default, according to people familiar with the matter. The company’s banker, Houlihan Lokey Inc., has been reaching out to […]

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