Sept 30 (Reuters) - Credit card machine maker Hypercom Corp rejected a $290 million hostile bid from bigger rival VeriFone Systems and adopted a shareholder rights plan to defend against the offer.
Shares in Ingenico lose 5 percent in strong volume, crossing below their 50-day moving average and trimming recent lofty gains, as the U.S. Justice Department (DOJ) seeks to block credit card swipe ...