- American City Business Journals•1 hour ago
CEO Erik Prusch is leaving Redbox parent company Outerwall as it splits into three businesses through its $1.6 billion acquisition by a New York investment firm, which closed Tuesday. Bellevue-based Outerwall previously owned kiosks Redbox, Coinstar and ecoATM, three divisions that will now operate separately. Galen Smith, former chief financial officer of Outerwall, will become CEO of Redbox.
- PR Newswire•5 hours agoOuterwall Inc. Announces Completion of Acquisition by Certain Funds Managed by Affiliates of Apollo Global Management, LLC
BELLEVUE, Wash., Sept. 27, 2016 /PRNewswire/ -- Outerwall Inc. ("Outerwall" or the "Company") (OUTR) today announced the successful completion of its agreement to be acquired by affiliates of certain funds (the "Apollo Funds") managed by affiliates of Apollo Global Management, LLC (together with its consolidated subsidiaries, "Apollo") (APO) for $52.00 per share in cash. Apollo and Outerwall also announced that the Company's segments will be managed and operated as three distinct businesses and named leadership for each of those units. Galen C. Smith was named Chief Executive Officer of Redbox, and James H. Gaherity and David D. Maquera were promoted from serving as Presidents to Chief Executive Officers of the Coinstar and ecoATM businesses, respectively.
- Benzinga•7 days ago
Apollo Global Management LLC (NYSE: APO )’s 2016 shopping spree is reportedly still going strong. On Monday, Reuters reported that Apollo is in talks to acquire assets from struggling hospital operator ...
Outerwall Inc. (OUTR)
NasdaqGS - NasdaqGS Real Time Price. Currency in USD
|Day's Range||51.99 - 52.02|
|52wk Range||24.81 - 66.68|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||6.68|
|Avg Vol (3m)||741,864|
|Dividend & Yield||2.40 (4.61%)|