TRM acquires UK ATM network
TRM Corporation (Nasdaq: TRMM) today announced that it has acquired a portfolio of 350 ATM contracts in the United Kingdom. These are comprised of merchant-filled locations; TRM will not be required to provide cash to fund customer withdrawals. The purchase price was paid in cash.
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TRM Corporation is a consumer services company that has provided convenience banking (ATM) and photocopying services for more than 20 years. TRM's customer base has grown to over 25,000 locations worldwide, including over 3,000 locations in Canada and 5,000 locations in the United Kingdom.