The consolidation of automated teller machine networks accelerated Thursday as Magic Line in Michigan and Access 24 in Illinois announced a merger agreement.

Industry observers, who have been expecting the trend to spread to the Midwest, said the deal could set the stage for an even bigger combination between Magic Line and Chicago-based Cash Station.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.