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More from the NCR buyout rumor mill ...

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.

July 24, 2015

Following on last week's report that private equity firms Thoma Bravo and Blackstone were working on competing bids to buy NCR Corp., an update today from the New York Post claims that Thoma Bravo has, indeed, put in a bid, but the amount offered for the company is $1 billion short of its $10 billion asking price. The rumored bid from Blackstone apparently has not (yet, anyway) materialized.

"A source close to the situation" told the Post that chances are fifty-fifty that NCR and Thoma Bravo will come to an agreement on a buyout, and speculated that the two would spend the weekend dickering on price. 

Meanwhile, a Seeking Alpha report quoted CNBC commentator David Faber as having said that investment firm, Kohlberg Kravis Roberts & Co., also has entered the running to buy NCR. There was no word as to the status or amount of a supposed KKR bid, however.

Time is running out for would-be buyers. NCR has said that it will close the bidding window on Sunday, July 26. The company has scheduled its Q2 earnings call for Tuesday, July 28.

NCR has said consistently that it will not comment on rumors of a sale.

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