Claim: Alliance Data Systems Corporation, founded on April 22, 1983, acquired LoyaltyOne in August 1998, and has a total revenue of US$7.719 billion in 2017.
Evidence: April 22, 1983 In August 1998, Alliance Data acquired LoyaltyOne, then-branded The Loyalty Group Canada, for $250 million. US$7.719 billion (2017)