Piper Jaffray Reiterates DLLR Rating And PT Following Sefina Acquisition

Piper Jaffray reiterates its Overweight rating and $32 PT on shares of Dollar Financial Corp. DLLR following the company's acquisition of Sefina Finance, a pawn lending business in Scandinavia. Sefina was acquired for approximately $73m in cash or 5.2x anticipated '10 EBITDA of $14.0m on a net basis. Sefina closed Thursday at $27.26.