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Western Union sends Intermex a termination notice; Intermex rejects it

Western Union sent a termination notice after California’s DFPI issued conditions Western Union called unacceptable. The 2025 deal was $16.00 a share. Intermex rejected a purported termination and will pursue its remedies including specific performance and substantial damages.

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Why it matters: Intermex rejected a purported termination and will pursue its remedies including specific performance and substantial damages.

For information only, not investment advice. Prices delayed.

Tickers: WU, IMXI

Western Union sent a termination notice after California’s DFPI issued conditions Western Union called unacceptable.1 The 2025 deal was $16.00 a share.2 Intermex rejected a purported termination and will pursue its remedies including specific performance and substantial damages.3

Sources

  1. Western Union Announces Termination of Agreement to Acquire Intermex, Western Union
  2. Western Union to Acquire International Money Express, Inc., Western Union
  3. Intermex Rejects Western Union’s Purported Termination of Merger Agreement, International Money Express

Tags: mergers-acquisitions · regulation · fintech

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