NCR - NCR confirms offer to buy Cardtronics for $39.00 per share

NCR Corporation (NCR) has submitted an offer to acquire all outstanding shares of Cardtronics (CATM) for $39.00 per share in cash.“The acquisition of Cardtronics will accelerate and expand the NCR-as-a-service strategy that we outlined at our Investor Day last month. Cardtronics’ debit network is highly complementary to NCR’s payments platform and will enable the combined company to seamlessly connect retail and bank customers while capitalizing on the banking industry’s transition toward infrastructure outsourcing.“ says Michael Hayford, President and CEO of NCR.NCR will host a conference call today at 8:00 a.m. ET for the investment community, to discuss the proposal.Previously: NCR -5.7% on report that it's Cardtronics' unnamed bidder (Jan. 8)Previously: Cardtronics stock gains after new bid, Truist see potential for $42-$48/share (Jan. 8)Previously: Cardtronics gains after hours as $39/share bid from third party revealed (Jan. 7)

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NCR confirms offer to buy Cardtronics for $39.00 per share