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NCR Looks To Buy ATM Operator Cardtronics For $1.7 Billion

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Retail and hospitality technology firm NCR Corporation is looking to acquire ATM operator Cardtronics for $39 per share, or about $1.7 Cardtronics, based in Houston, Texas, specializes in managing ATMS and self-service financial kiosks. 11) press release. .

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NCR Makes Play For Cardtronics Despite Rival Private Equity Deal

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NCR Corporation is the mystery suitor behind a recently-announced bid for Cardtronics , an operator of ATMs in 10 countries, that was submitted even as the company worked to close a previously-announced deal with different suitors, The Wall Street Journal (WSJ) reported. per share in cash,” a Jan. NCR is based in Atlanta.

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Lockdowns Drive Lower Revenues For ATM Owner Cardtronics

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Cardtronics , which calls itself the world’s largest ATM owner-operator, disclosed its first-quarter results on Friday (May 8), which reflected lower revenues due to lockdowns and some location closures. . The Houston-based company reported that total revenues fell by 4 percent to $306.6 million, down from $318.3

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Restaurant Chains Feast On Millions From PPP Program

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The hospitality group behind Ruth’s Chris Steak House — operator or franchiser of 159 restaurants — showed a profit of $42 million on $468 million in revenue in 2019 and a workforce topping 5,000, according to The Wall Street Journal. Another $10 million went to the coal mine operator Hallador Energy. million and got $10 million.

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London Cements Uber Ban Over Fake Identities

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Uber was declared “not fit and proper” to operate in London — the ride-hailing company’s largest European market — and now has three weeks to appeal, according to a Monday (Nov. London regulators refused to renew the ride-hailing company’s operating permit over safety concerns and drivers using false identities.

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Neiman Marcus Emerges From Chapter 11

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Neiman Marcus Holding Company Inc. has completed its Chapter 11 bankruptcy protection process and emerged from one of the highest-profile retail collapses since COVID-19 began, the Dallas-based company disclosed. Bankruptcy Court for the Southern District of Texas, Houston Division.

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Cardtronics Posts 22 Percent Revenue Growth

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Cardtronics , the world’s largest ATM owner and operator, revealed that it has exceeded earnings expectations for the third quarter of 2017. The company, which is based out of Houston, TX and operates globally, had total revenues of $402 million in the quarter ending September 30, 2017 – a 22 percent increase from $328.3

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