In Brief: Deal Would Make B of A Leader in RV Loans

BankAmerica Corp. agreed Thursday to acquire the recreational vehicle financing unit of Associates First Capital Corp., Irving, Tex.

Terms were not disclosed.

The acquisition of Fleetwood Capital Corp., with $2 billion of managed assets and relationships with 1,150 dealers nationwide, would make BankAmerica the nation's largest provider of consumer loans for the purchase of recreational vehicles.

The unit would become a part of NationsBank Distribution Finance and Specialty Lending, Alpharetta, Ga.

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