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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

PYMNTS

NCR’s $39 per share all-cash offer topped Apollo Global Management’s earlier bid for $35 per share to acquire Cardtronics, Bloomberg reported. Cardtronics, based in Houston, Texas, specializes in managing ATMS and self-service financial kiosks. Shares of Cardtronics climbed 0.3 percent to reach $41.19 as of Monday morning. .

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NCR Makes Play For Cardtronics Despite Rival Private Equity Deal

PYMNTS

In mid-December, Cardtronics announced a $35 per share offer from an entity owned and controlled by private equity firms Apollo Global Management and Hudson Executive Capital. Cardtronics is based in Houston and registered in the United Kingdom. per share in cash,” a Jan. NCR is based in Atlanta.

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Neiman Marcus Emerges From Chapter 11

PYMNTS

He said the company’s new owners include PIMCO, a California-based global investment management firm, Davidson Kempner Capital Management LP, a global institutional alternative investment management firm headquartered in New York City and Sixth Street Partners, the San Francisco global investment firm.

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Warburg Pincus In Talks To Buy NCR

PYMNTS

NCR, the payments company that makes self-service kiosks, point-of-sale terminals and automated teller machines, among other payment devices, has reportedly tapped Bank of America Equities to find a buyer. Other private equity firms, including Apollo Global Management, have expressed interest.

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Retail Works To Aid Harvey Victims

PYMNTS

When the going gets tough, America’s retailers and restaurants get going. According to The Wall Street Journal , McDonald’s has managed to re-open the 130 area locations that had been closed by the storm. And progress — slow though it may be — is happening. And progress — slow though it may be — is happening.

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5 New Year’s Resolutions For Any Sized Bank That You Must Get Right in 2023

South State Correspondent

Popular projects for 2023 include online loan and deposit onboarding utilizing third-party data to speed the process, compliance-as-a-service, payments, card controls, service case management, leveraging data for customer insights, and providing open banking APIs to customers. Sectors like office, retail, and hospitality, are even worse.

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Why Migrant Workers Need Financial Service Offerings All Their Own

PYMNTS

come from all over the world, though Latin America and Asia are the leading contributing portals, and they work in every vertical – though migrant workers more often work in service sector jobs than management positions. The first of those community centers will be in Houston, home to both Majority and Rebtel’s U.S.

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