IEGH is continuing to attract market attention, recently grabbing the focus of ACF Equity Research, which has provided a value upgrade and share price target of $8.58 per share. The value increase projected by ACF is based on the organic growth that IEGH is delivering in regard to booked loans, free cash flow models, and … Read more
IEGH responded swiftly and with determination on Monday after OneMain Holdings made a public statement calling IEGH’s bid to acquire all of the outstanding shares of OneMain stock as “grossly inadequate”. Our partners at Trade Ideas provided a real time news alert after hours, bringing the IEGH response to our news desk. IEGH Disagrees And … Read more
IEGH is continuing to be aggressive on creating shareholder value. Coming off of its most recent filing to acquire up to all of the outstanding common stock of OneMain Holdings, Inc., today IEGH announced that its Board of Directors has authorized the repurchase of common shares totaling up to $2 million dollars. An alert from … Read more
IEG Holdings (IEGH) announced the commencement of a tender offer to purchase up to all of the outstanding shares of common stock of OneMain Holdings, Inc. in an S-4 filing with the SEC on Thursday. A signal from Trade Ideas alerted CNA Finance to the Form S-4 filing. IEGH Terms Of The Deal As specified … Read more
While many lenders in the quick service, on-line lending sector have seen a relative slowdown in customer acquisition rates due to the prolific rise in the competitive landscape, IEGH is proving its ability to buck that trend. IEG Holdings, leveraging off of the strength of their “Mr. Amazing Loans” product has not only experienced tremendous … Read more