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BRIEF-Verifone, Gas Station TV form joint venture
April 12, 2017 / 12:20 PM / 7 months ago

BRIEF-Verifone, Gas Station TV form joint venture

April 12 (Reuters) - Verifone Systems Inc:

* Verifone systems - co, Gas Station TV announced a 50-50 joint venture that combines assets and operations of Verifone’s pump media division with GSTV

* Verifone Systems Inc - financial terms of joint venture were not disclosed

* Combined business will operate under GSTV brand

* Verifone Systems Inc - company will be located at current GSTV headquarters in Detroit

* Members of existing GSTV and Verifone Pump Media Management teams will lead new joint venture

* Verifone Systems Inc - both companies will have equal representation on new company’s board of directors Source text for Eikon: Further company coverage:

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