DAYTON, Ohio – NCR said last week its board approved the distribution of shares in connection with its pending spin-off its Teradata data warehousing operations. Under the plan, each NCR shareholder will receive one share of the newly public Teradata for every share of NCR stock they own. The spin-off is expected to take place in the third quarter. The surviving company, NCR will house the company’s existing ATM and financial self-service kiosk and point-of-sale terminal manufacturing operations.
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