WFS Financial Inc.: The Irvine company said...
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WFS Financial Inc.: The Irvine company said Wednesday that it has completed its initial public offering of 4 million shares of common stock at $16.50 a share. The shares represent about 17.6% of the outstanding stock of WFS, the auto finance subsidiary of Western Financial Savings Bank, a wholly owned subsidiary of Westcorp. The stock closed Wednesday at $17.75, up $1.25 in its first day of trading on the Nasdaq exchange.
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