International Money Express IncIMXI
▲ PositiveRegulationrelevance
Regulatory approvals for acquisition by Western Union are progressing, with only one state remaining.
Western Union and International Money Express, or Intermex, announced that money transmission regulators in 51 U.S. states and territories and all international jurisdictions have approved or not objected to Western Union's pending acquisition of Intermex, with approval still pending from one U.S. state. The companies remain actively engaged with regulators, including the New York State Department of Financial Services, to secure the final regulatory approval. Western Union shares last closed at $7.24, up 2.99%.
International Money Express IncRegulatory approvals for acquisition by Western Union are progressing, with only one state remaining.
Western Union CoMost regulatory approvals received for acquiring Intermex; shares rose 2.99%.