International Money Express Demands Western Union Complete Merger
International Money Express demanded that Western Union take all actions necessary to consummate the merger.
Story updates
11:32:07 AM UTC
SquawkNews
International Money Express rejected Western Union’s purported termination of their pending merger agreement and demanded that Western Union take all actions necessary to complete the merger. Western Union acted after receiving conditional approval from California’s DFPI on November 10, 2026.Materi…
11:35:53 AM UTC
SquawkNews
BRIEF-Intermex Rejects Western Union’s Purported Termination of Merger Agreement Nov 11 (Reuters)
12:00:00 PM UTC
SquawkNews
By Colin KellaherWestern Union said it is ending its $500 million deal to buy fellow cross-border payment company International Money Express, or Intermex, due to pushback from California regulators, but Intermex is fighting the move.Western Union late Tuesday said California's Department of Financ…