H&R Block Closes Sale of Option One Mortgage Servicing Business to Affiliate of WL Ross & Co. LLC.

Business Wire › May 01, 2008

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H&R Block Closes Sale of Option One Mortgage Servicing Business to Affiliate of WL Ross & Co. LLC.

* Aggregate servicing debt of more than $980 million repaid in full

* Net cash proceeds of more than $230 million

* Company's short-term bank credit lines repaid in full

* Transaction not expected to result in significant ...

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