EcoATM Targeted By Outerwall Investor Group, Seeking Sale Or Shutdown
socalTECH
FEBRUARY 22, 2016
San Diego-based cell phone recycling kiosk operator ecoATM , which is owned by Outerwall, is being targeted by an investor group which wants Outerwall to sell of ecoATM--as well as other assets. ecoATM, which is still based in San Diego, was acquired by Outerwall in July of 2013 for $350M, by Outerwall subsidiary Coinstar.
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