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Fly News Breaks for September 12, 2017
HAWK
Sep 12, 2017 | 08:42 EDT
BMO Capital analyst Paulo Ribeiro is upbeat on Blackhawk's acquisition of CashStar.The analyst says that the deal expands Blackhawk's digital capabilities and greatly increases its total available market. He estimates that the deal is 3.2% accretive in fiscal 2018 and 5.7% accretive in fiscal 2019. He keeps an Outperform rating on the shares.
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