Outerwall, the parent of electronics trade-in company ecoATM, is merging with a private equity firm and will no longer be a publicly traded company.
The second of quarter of 2016 bought $40 million worth of good news to Outerwall, the parent company of ecoATM and Gazelle.
Outerwall, the publicly traded firm that owns electronics trade-in company ecoATM, has been facing financial pressure. A recent report from Outerwall shows ecoATM lost more than $100 million last year.
Colt Refining and Recycling says it will be expanding to North Carolina after the purchase of assets and land formerly owned by e-scrap company Zloop.