This post was originally published on this site
(Reuters) – Santander Consumer USA (NYSE:SC) Holdings Inc said on Tuesday it had agreed to be taken private by its majority shareholder Santander (MC:SAN) Holdings USA, Inc.
New York Stock Exchange-listed Santander Consumer said in a statement that Santander Holdings would buy its shares at $41.50 a piece in cash, representing an equity value of $12.7 billion.
