Hay, The industry had assumed that KKR would sell Cashcard...

Hay, The industry had assumed that KKR would sell Cashcard because it is the only subsidiary of FDI that actually owns and operates ATM machines...Buried within a $27 bill company it could be regarded as a non core asset, and the noise out there was that it was up for sale. However, they have done the deal with Linfox, (which incidently, is a deal that allows KKR to basically operate the business by remote control because Linfox take all the day to day operating crap on their own shoulders), and that would suggest that they see some upside with ATM reform around the corner and are not a seller any more.
To me at least, it is one ore signal to say that the industry is gearing up for change.....