PORTLAND, Ore. – TRM Corp., which has been fighting to remain solvent, said yesterday it has agreed to sell almost all of its Canadian ATM operations for about $15 million. The deal came a day after the troubled ATM operator agreed to sell its core copier business for $9.2 million. Proceeds of both asset sales will be used to pay down debt. TRM is the owner or operator of more than 15,000 ATMs, about 6,000 of which are part of and are branded by the credit union-owned CO-OP Network. TRM has been trying to climb out of the red, and announced a massive third quarter loss of $101 million due to the impairment of assets.
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