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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. Cardtronics is based in Houston and registered in the United Kingdom.

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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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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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Bankruptcy Court for the Southern District of Texas, Houston Division. They see an opportunity to grow and support the retailer in issues of sustainability, van Raemdonck said. The plan was approved by the U.S.

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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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Automated Retail Speeds Up Delivery And Checkout

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Last month, Domino’s Pizza announced it would be testing autonomous pizza delivery in Houston with robotics company Nuro. Since each customer has their own unique card, the store can track shoppers with an assist from security cameras. And as with Farmhouse Market, these new offerings often operate at intersection of tech and health.

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