Outerwall Announces Leadership Transition at Redbox, Actions to Achieve $22M in Annual Cost Savings

By: Benzinga
Outerwall (Nasdaq: OUTR ), today announced progress on its previously announced operating review and capital structure initiatives. This progress includes: The discontinuation of three new venture concepts; A leadership transition at Redbox; Cost reduction initiatives that are expected to result in $22 million of annual cost savings beginning in the first
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