Western Union, Intermex Receive Most Regulatory Approvals for Pending Acquisition

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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%.

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Most regulatory approvals received for acquiring Intermex; shares rose 2.99%.