WU, IMXI

, IMXI

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Date: --/--/-- --:--:--
Event Id: E5DIZ3TKD
Action Type: ACQUISITION
Action Status: CANCELLED
Acquirer Symbol:
Target Symbol: IMXI
Updated: --/--/-- --:--:--
Purchase Price Per Share: 16
Price Per Share Currency: USD
News References: https://www.businesswire.com/news/home/20261110492943/en/

Action Notes

The Western Union Company ("Western Union") (NYSE: WU) and International Money Express, Inc. ("Intermex") (NASDAQ: IMXI) today announced they have entered into a definitive agreement under which Western Union will acquire Intermex in an all-cash transaction at $16.00 per IMXI share, representing a total equity and enterprise value of approximately $500 million. On 10/07, it was announced the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act has expired. The Intermex special shareholder meeting to vote on the transaction will be held on 12/09.Western Union and Intermex remain committed to completing the transaction and intend to close promptly after the reinstatement of the DFPI approval, subject to satisfaction or waiver of remaining customary closing conditions.