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Equifax Deal May Invite Banks to Bargain on Credit Reports

DEC 3, 2012 4:46pm ET
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"It may check a box for possible buyers. Having said that, Equifax has been around since the late 1800s, so there has been ample opportunity to sell if they wanted to," Ulzheimer says. "Now that they have full ownership of all the credit reports, they might be more attractive."

Malloy also sees Equifax as a potential target, but says the Computer Sciences deal was never an impediment.

"They've always been attractive," Malloy says. "The put was never anything scary because of the potential accretion."

Ulzheimer adds the potential buyers are hard to predict, and could include international players.

Hartman said that wasn't the motivation for the deal, but said the deal makes the company leaner.

"We had this partnership for 25 years, and it worked very, very well. However, we owned the data in all of the other 35 states, with this carve out in 15 states. There are operational efficiencies in having all 50 states treated the same way," Hartman says. "I don't want to draw any conclusions for any hypothetical purchase, but this brings much greater operational efficiency."

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