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NY Post: Blackstone Eyes New NCR Corp. Bid


acquisition,  mergerA consortium that includes Blackstone Group is considering a bid to acquire self-service technology developer NCR Corp. (NYSE: NCR), the New York Post reported Friday.

Josh Kosmon writes Duluth, Georgia-based NCR reopened an auction sale nearly two months after the company did not close a deal with several potential acquirers.

There were reports earlier this summer that a Blackstone-Carlyle team and investment firm Thoma Bravo separately made offers for the ATM and checkout equipment manufacturer.

Reuters reported NCR is examining whether to spin off or sell assets in response to pressure from activist shareholder Marcato Capital Management.

NCR rolled out an ATM cloud-based platform as part of efforts to grow the company’s software market footprint, according to Reuters.

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