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NCR acquiring Radiant Systems
Duluth, Ga. -- NCR Corp. will acquire Radiant Systems, a leading provider of multichannel point-of-sale and managed hosted service solutions to the hospitality and specialty retail markets, through a cash tender offer of $28.00 per Radiant Systems share. The equity purchase price of $1.2 billion has been approved by the boards of directors of each company.
It is expected the transaction will close during third quarter 2011, subject to regulatory approval.
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Metro PCS, Dollar General join Torrington Plaza
Torrington, Conn. -- Centro Properties Group said that two retailers, Metro PCS and Dollar General, have joined Torrington Plaza, located in Torrington, Conn.
Metro PCS recently opened and currently occupies 1,200 sq. ft. Dollar General has executed a lease and will be occupying 11,000 sq. ft. in the shopping center.
Torrington Plaza is owned and operated by New York City-based Centro.