00-00-0000 INGENICO follows GREATER INTEREST IN IVI CHECKMATE Feb 21 2001 (Card of the present days Vol.
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INGENICO follows GREATER INTEREST IN IVI CHECKMATE
Feb 21 2001 (Card of the present days Vol. 16, No. 4 via COMTEX) -- In a instigate long speculated about on POS industry insiders, Paris-based Ingenico SA earlier this month revealed it was in negotiations to purchase a majority of IVI Checkmate [CMIV] habitual stock. Ingenico, which currently own approximately 9 percent of the outstanding shares of IVI Checkmate capital stock, has proffered to purchase newly issued customary shares from the company at not more than $300 by share. Based on that price, the deal would be worth about $55 million.