NCR Corp.
NCR,
is in talks to buy ATM operator Cardtronics PLC
CATM,
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,
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.
Related Posts
Stockhastix.com is one of the most useful and powerful Stocks Finance Newspaper with great attention to details, incredible features, an intuitive user interface. Stockhastix.com brings you live coverage of the markets open and close, additionally everything you need to know across the latest news from stocks, finance and cryptocurrency.