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Brand AI

Ally Bank

Recent events

Recent events tied to this brand in public sources.

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  1. 2020

    Ally Financial agrees to acquire CardWorks

    CardWorks announced that it had signed a definitive agreement to be acquired by Ally Financial in a transaction valued at more than $2.65 billion, subject to adjustments, regulatory approvals and closing conditions. The announcement said Merrick Bank, a wholly owned CardWorks subsidiary, would merge into Ally Bank under the agreement; the acquisition was expected to close in the third quarter of 2020.

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