In Brief: Norwest Leasing Unit To Buy N.J. Company

Norwest Corp.'s equipment leasing and finance subsidiary said Friday it has signed a definitive agreement to buy J.L.J. Financial Services Corp., Montvale, N.J.

The deal by Norwest Equipment Finance Inc. is expected to close in the fourth quarter. Terms were not disclosed.

J.L.J. specializes in leasing and finance for graphic arts, packaging, construction, and manufacturing equipment, operating primarily in the Northeast.

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