Transaction With Cardtronics Expected to Close June 21, 2021
NCR Corporation (NCR)
Last ncr corporation earnings: 4/30 04:05 pm
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Source: Business Wire
ATLANTA--(BUSINESS WIRE)--NCR Corporation (NYSE: NCR), a global enterprise technology provider for the financial, retail and hospitality industries, today announced that it remains on track to close the legal transaction with Cardtronics (Nasdaq: CATM) and expects to complete the transaction on June 21, 2021.After the expected completion of the transaction NCR and Cardtronics will continue to operate as separately managed companies until we receive necessary U.K. regulatory approvals and consents.On January 25, 2021, NCR and Cardtronics announced that they had entered into a definitive agreement under which NCR would acquire all outstanding shares of Cardtronics for $39.00 per share in an all-cash transaction with an enterprise value of approximately $2.5 billion, including debt. The transaction is expected to be accretive to NCR’s non-GAAP EPS in the first full year following the close of the transaction.About Cardtronics Cardtronics is a trusted leader in financial self-service,
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