COINSTAR signs definitive agreement to sell its money transfer business to SIGUE Corporation
| BELLEVUE, Wash. and LOS ANGELES —Aug. 24, 2010—Coinstar, Inc. (NASDAQ: CSTR) and Sigue Corporation (“Sigue”) today announced the signing of a definitive agreement for Sigue to purchase Coinstar’s money transfer business. The aggregate purchase price is expected to be $41.5 million, which will be subject to a post-closing net working capital adjustment. In addition, Coinstar will be financing a portion of the purchase price payable by Sigue under the definitive agreement through a promissory note. The closing of the transaction is expected next year, subject to certain closing conditions and required regulatory approvals. |
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Guillermo de la Viña, CEO Sigue Corporation 2009 Entrepreneur of the Year!
LOS ANGELES, Calif., October 14, 2009 – Sigue Corporation (“Sigue”) is pleased to announce that Mr. Guillermo de la Viña, Chief Executive Officer, has been named 2009 Entrepreneur of the Year representing California by The American Solutions Business Defense and Advisory Council.
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Now in New York Money Transmission Market. Read more
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LOS ANGELES, Calif., October 16, 2009
Sigue Corporation will be offering free money transfers to the Philippines to
support Typhoon Ondoy and Pepeng Victims. Read more
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Sigue Corporation expands presence in the Philippines with M. Lhuillier
Over 1,000 new cash pick up locations in the Philippines
LOS ANGELES, Calif., April 7, 2010 – Sigue Corporation ("Sigue") is pleased to announce that it has partnered with Michel J. Lhuillier Financial Services, Inc (“M. Lhuillier”) to further expand its presence in the Philippines. Read more
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