IMXI stock news · International Money Express, Inc.
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The waiting time for Western Union to buy Intermex is over, with no issues from regulators.
Good for IMXIThe scheduled antitrust waiting period ended for the proposed purchase of Intermex, moving the deal forward. Customary closing steps remain, so completion is not certain.
International Money Express, Inc. shares updates about its merger with Western Union.
Bad for IMXIInternational Money Express's merger with Western Union faces more regulatory delay. California's approval remains suspended, and a new antitrust review has begun, weighing against the company.
Western Union CO: Other Events (WU)
Bad for IMXIIMXI's planned sale to WU faces a longer, less certain path because California approval remains suspended and a new federal review is required. The firms asked for faster federal review, but California has not restored its approval.