NCR vies for ATM operator Cardtronics: WSJ

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NCR Corp.
NCR,
-1.56%
is in talks to buy ATM operator Cardtronics PLC
CATM,
+15.13%,
The Wall Street Journal reported late Friday, citing people familiar with the matter. Cardtronics disclosed late Thursday it had received another, higher buyout bid than the December $35 bid by funds associated with Apollo Global Management Inc.
APO,
+0.13%
and Hudson Executive Capital LP, itself a sweetened deal from a $31 earlier bid, but hadn’t disclosed the new suitor. Cardtronics said then it was evaluating the new proposal. Shares of Cardtronics rose 1.2% in the extended session Friday after ending the regular trading day up 15%. NCR shares fell 4% after 1.6% decline in the regular session. NCR, which provides software and services for the banking, retail, and other industries, on Thursday announced the acquisition of grocery e-commerce company Freshop.

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