United States

Verifone, Gas Station TV form joint venture

Wednesday, 12 Apr 2017 08:00am EDT 

Verifone Systems Inc : Verifone systems - co, Gas Station TV announced a 50-50 joint venture that combines assets and operations of Verifone's pump media division with GSTV . Verifone Systems Inc - financial terms of joint venture were not disclosed . Combined business will operate under GSTV brand . Verifone Systems Inc - company will be located at current GSTV headquarters in Detroit . Members of existing GSTV and Verifone Pump Media Management teams will lead new joint venture .Verifone Systems Inc - both companies will have equal representation on new company's board of directors.