REDWOOD CITY, Calif-- Verifone Inc., the leading provider of credit card authorization terminals, said it will acquire the portion it does not already own of its leasing affiliate, Verifone Finance.

The finance company is currently privately controlled, with Verifone Inc: owning 49%. Subject to execution of a definitive agreement and regulatory review, Verifone Inc. expects to have 100% ownership by the summer. Terms were not disclosed.

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