International edition
June 24, 2021

The deal is to close in July

Global Cash Access acquiring Cash Systems for us$ 33 million

(US).- Global Cash Access said this week that it will acquire Cash Systems for about us$ 33 million. The value of the deal includes us$ 21 million Global Cash Access will pay to holders of Cash Systems’; outstanding promissory notes and warrants.

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ash Systems shareholders will receive 50 cents per share in cash, a 4 percent premium over Friday’s closing price of 48 cents.

Global Cash Access will add about 120 new customers through the acquisition of Cash Systems, which provides cash access services for the retail and gaming industries.

The acquisition will increase Global Cash Access’ operating income in 2009 and te deal is expected to close in July.

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