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Coinstar Inc To Acquire ecoATM


Tuesday, 2 Jul 2013 07:00am EDT 

Outerwall Inc., formerly Coinstar, Inc announced that the Company has entered into a definitive agreement to acquire ecoATM for $350 million in cash, which includes payoff of certain indebtedness and certain transaction costs, subject to adjustment for working capital as of closing. In addition, because Outerwall currently holds a 23% ownership stake in ecoATM, consideration for this stake will be deducted from actual cash paid. Upon closing the transaction, Outerwall will own 100% of ecoATM. 

Company Quote

74.22
-0.12 -0.16%
19 Dec 2014