Cardtronics confirms receipt of proposal to acquire all of the outstanding shares at $31/share

Dec. 09, 2020 8:51 AM ETCardtronics plc (CATM)CATMBy: Akanksha Bakshi, SA News Editor1 Comment
  • Cardtronics (NASDAQ:CATM) is up 21.7% in pre-market, after it received a proposal from funds managed by affiliates of Apollo Global Management, Inc. and Hudson Executive Capital LP to acquire all of the outstanding shares of Cardtronics for $31/share.
  • Cardtronics Board of Directors to review and assess the terms of the proposal.
  • Cardtronics closed at $25.87 on December 8, 2020; proposal at ~20% premium.

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