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Home Depot agrees to buy home improvement lender

By Anne D'Innocenzio, AP Business WriterNEW YORK AP - The retailer Home Depot Inc. agreed on Tuesday to acquire home improvement loan provider EnerBank USA from CMS Energy Corp., a Michigan-based energy holding company.Home Depot officials said the deal is part of a strategy to expand its business with contractors and emphasized that the retailer has no plans to get into banking.

May 09, 2006 at 12:00 AM

1 minute read

By | Updated on May 09, 2006

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By Anne D’Innocenzio, AP Business Writer

NEW YORK AP – The retailer Home Depot Inc. agreed on Tuesday to acquire home improvement loan provider EnerBank USA from CMS Energy Corp., a Michigan-based energy holding company.

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