WWD.com/retail-news/financial/target-to-sell-credit-card-unit-for-59b-6442560
financial
financial

October 23, 2012

Target to Sell Credit Card Unit for $5.9B

The deal with TD Bank will take receivables off the mass retailer's books.

financial/news

Target Corp. agreed to sell its credit card business to TD Bank Group for about $5.9 billion.

The deal will effectively get Target out of the back end of the credit card business —...

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