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NCR exits DVD rental biz through Redbox deal
OAKBROOK TERRACE, Ill. — Automated retail kiosks operator Redbox has agreed to purchase assets from NCR's entertainment line of business, including DVD kiosks, certain retailer contracts and DVD inventory.
NCR, which will be paid up to $100 million for the assets by the Coinstar subsidiary, said the business move is part of an effort to focus on other targeted industries.
In line with the assets purchase, Coinstar said it will also will enter into a strategic supplier arrangement where it will purchase product and services from NCR.
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Zak Designs rolls out Back to College line
SPOKANE, Wash. — Zak Designs has introduced new mealtime products ideal for college students.
The new Back to College line, includes durable dinner plate, individual bowl and 24-oz. tumbler, along with a 14-oz. double-wall travel tumbler and 25-oz. Tritan water bottle.
Each of the items are available in Muppets characters or Hello Kitty, Zek Designs said.