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Cardtronics reveals purchase consideration in Spark ATM Systems deal

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Cardtronics reveals purchase consideration in Spark ATM Systems deal

Cardtronics plc has already paid approximately $15.0 million in cash and will potentially pay up to $60.5 million in connection with its recently completed acquisition of South Africa-based Spark ATM Systems.

The additional purchase consideration hinges on Spark achieving certain earnings targets in 2019 and 2020. The consideration excluded third-party debt payments.