HSBC Acquires Boscov's Credit Card Accounts
by Peter Andrew
HSBC
Acquires Boscov's Credit Card Accounts
HSBC has acquired the credit card accounts of Boscov's Department Stores, paying a $29 million premium for $179 million in credit card receivables. Customers should not be affected by the change,
according to a press release from HSBC.
Boscov's
Department Stores is based in Reading, Pennsylvania, and includes 40 stores, mainly in Pennsylvania but also in New York, New
Jersey, Maryland, Delaware and Virginia.
Published 04/14/06 (Modified 05/30/12)
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