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M&A watcher says NCR is up for bids

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.

June 2, 2015

Speculation about the possible sale of NCR continues to bubble up: Today, Seeking Alpha cited a tip by Dealreporter claiming that the company is seeking first round bids from potential buyers.

Dealreporter is a specialist news and analysis service that tracks and analyzes corporate events and claims to "deliver the latest rumors, news and analysis from first-class industry sources."

Seeking Alpha previously cited a May 15 item by Dealreporter saying that NCR had hired JPMorgan to broker talks with potential buyers.

On April 22 — the eve of an NCR Q1 earnings call — the Wall Street Journal reported that NCR was exploring strategic options such as asset sales and capital returns, but said that a full sale of the company was a less likely option.

At that time, an NCR spokesperson told ATM Marketplace that "As a matter of policy, we do not comment on rumors or speculation." 

Similar rumors developed in April about a possible sale of ATM vendor Wincor Nixdorf, and were similarly dismissed.

 

 

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