Coinstar, Inc. Signs Definitive Agreement to Sell its Money Transfer Business to SAM Client Sigue Corporation

Stubbs Alderton & Markiles, LLP is representing its client, Sigue Corporation in the acquisition of Coinstar Inc.’s money transfer business.  Coinstar has signed a definitive agreement to sell its money transfer business to Sigue Corporation for the expected purchase price of $41.5 million, subject to a post-closing net working capital adjustment.  The closing is expected next year.  To view the press release regarding the transaction, click here.

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