More than a year after the announcement of the agreement, Tree.com Inc. (NASDAQ:TREE) has finally set a closing date for the sale of almost all the operating and related assets of its subsidiary – Home Loan Center – to Discover Financial Services (NYSE:DFS). The transaction is expected to be closed on June 6, 2012, subject to customary closing conditions.
Shareholders of Tree.com have approved the $55.9 million purchase deal, which was initially announced by Discover on May 12, 2011. However, the … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards