EZCORP Down 8% on Termination of Value Financial Deal

Have I mentioned this is a tough market :) When it rains...

EZCORP (EZPW) is down 8% as Value Financial Services terminated a deal that would of been accredative to EZPW. In the near term it would of added 1 cent to EPS, and this termination will cost nearly a million to EZPW.

• EZCORP, Inc. (Nasdaq: EZPW - News) announced today that its efforts to acquire Value Financial Services, Inc. have ended. As announced on June 5, 2008, EZCORP entered into an acquisition agreement with Value Financial Services, Inc. This past weekend, Value Financial Services, Inc. notified EZCORP that they elected to terminate the agreement.
• Commenting on the termination of the acquisition, President and Chief Executive Officer, Joe Rotunda, stated, "We are disappointed that Value Financial Services has elected not to move forward with the transaction, which I believe would have been benefici