Outerwall Announces Leadership Transition at Redbox, Actions to Achieve $22M in Annual Cost Savings
December 10, 2013 at 06:48 AM EST
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