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Portfolio > ETFs > Broad Market

Discount Card Firms To Merge

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Access Plans USA Inc. says it will be combining with Alliance HealthCard Inc. through a merger.

Shareholders in Access Plans, Irving, Texas, will end up with about one-third of the outstanding common stock of Alliance, Norman, Okla., according to Access Plans.

Danny Wright, chief executive of Alliance, will become chief executive of the merged company, Access Plans says.

Both companies manage and sell programs that offer discounts on medical care and other health-related products and services.

Alliance has served the specialty rent-to-own market and other markets, Access Plans says.


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