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Western Union to buy International Money Express in $500M deal

Western Union (NYSE:WU) said Sunday it agreed to acquire International Money Express (NASDAQ:IMXI) for $16/share in cash, representing a total enterprise value of ~$500M and a ~50% premium to Intermex ...

International Money falls on report New York mayor trying to scuttle Western Union deal

International Money Express (IMXI) dropped 3.5% on a report that New York City Mayor Zohran Mamdani is trying to kill the ...
Digital Transactions

Western Union To Acquire Money-Transfer Rival Intermex for $500 Million

In a move to bolster its leading position in an increasingly difficult money-transfer market, The Western Union Co. announced Sunday it has a deal to acquire International Money Express Inc. for $500 ...