The ATM-maker's largest private shareholder reportedly sold its 9 percent stake in NCR after the company failed to find a buyer.
A source 'with direct knowledge' about buyout negotiations says a bid on the table has fallen through and buyout consideration is at an end for the ATM-maker.
A bid from Thoma Bravo is said to be on the table, but sources say it's a toss-up as to whether NCR will accept $1 billion less than its asking price.
Hardware sales fell while software and services sales rose; in restructuring, the company aims to further exploit opportunities presented by the digital trend in banking and retailing.
First it was Blackstone and Carlyle preparing a joint bid for NCR. Then it was just Thoma Bravo. Now rumor has it that it's Blackstone vs. Thoma Bravo.
The latest word on The Street has 'consolidation' investment firm Thoma Bravo seeking to put together a $9 billion bid for the ATM-maker.
The $80 million deal brings Cardtronics a dedicated, purpose-built technology platform serving ATM deployers in the independent retail sector, the company says.
The company has reportedly extended its deadline for binding bids from July 8 to July 26, but interest among potential buyers seems to be waning.
A new report in the ongoing NCR sale saga has the company's rumored bidders balking at its rumored asking price of $10 billion.
The initial report from Reuters caused NCR stock to jump so dramatically that trading had to be halted temporarily.
'Unnamed sources' continue to claim that Wincor is for sale, and now more specifically say the potential buyer is Diebold Inc.
Speculation about the future of NCR Corp. continues in the mergers and acquisitions world, fed by recurring rumors that the company is actively seeking a buyer.
Currency fluctuations significantly affected first quarter results for the company, which derives 70 percent of its revenues from overseas operations.
Diebold anticipates that the acquisition will accelerate its transformation into a services-led, multivendor software-enabled company.
Reorganizing the business around its merchant-owned and distributor customer base in the U.S. will focus resources closer to customers, the company says.