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Gores Group to Acquire Hypercom's (HYC) U.S. Operations (PAY)

August 4, 2011 3:40 PM EDT
The Gores Group has agreed to acquire the United States operations of Hypercom Corporation (NYSE: HYC).

Terms of the transaction, which were the result of a pending merger between Hypercom and VeriFone Systems, Inc. (NYSE: PAY), were not disclosed.


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