Springleaf to buy Citigroup's OneMain Financial

Springleaf Holdings (NYSE: LEAF) will pay approximately $4.25 billion in cash to acquire Citigroup's (NYSE: C) OneMain Financial Holdings consumer finance unit. Shares of Springleaf leaped $12.19 to close at $50.23 while Citigroup stock added 24 cents to close at $53.73.


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