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[ADS – Alliance Data] Form vs. Function

Posted By scuttleblurb On In [ADS] Alliance Data | Comments Disabled
In form, ADS is a bank.  In function, it is a loyalty company that helps retailers drive customer engagement and top-line growth.  The Citron short report from Aug. 2016 fails to recognize this distinction, essentially arguing that because ADS’ private label business literally makes money like a bank, it should trade like one.  But it [...]
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