Outerwall, formerly known as Coinstar, has agreed to acquire ecoATM, which has a network of kiosks offering cash for used electronics, for $350 million in cash. The company previously invested in ecoATM, taking a 23% equity stake. The deal is scheduled to close in the third quarter. The electronics-recycling stations will join Outerwall's network of Coinstar and Redbox self-service kiosks.

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