HOUSTON - (03/08/05) -- Cardtronics Inc., operator of thenation's largest fleet of ATMs, said Monday it has received $75million in financing from Boston-based buy-out firm TA Associates.The announcement comes a week after Cardtronics agreed to pull itsplanned $115 million initial public offering. The cash infusiongives TA Associates and Houston-based CapStreet Group, formerlycalled Summit Capital Group, a 70% stake in Cardtronics,owner/operator of more than 25,000 ATMs across the country. TheCardtronics machines from the backbone of the Allpointsurcharge-free ATM network, to which 60 credit unions have signedon.
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A housing bill that already passed the Senate cleared the House Monday evening, but included bipartisan community banking provisions that have already raised objections in the upper chamber.
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