NCR Pays $1.2B For Radiant Systems

NCR will acquire customer-service sales equipment and software Radiant Systems. The U.S. technology company will pay $1.2 billion for the acquisition of the Atlanta-based company.

Duluth-based NCR is seeking to raise $1.1 billion in new debt to finance the purchase. JPMorgan, RBCCapitalMarkets, BofAMerrillLynch and MorganStanley provided committed financing to NCR for the deal.

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