IMXI's merger with Western Union moved closer after the federal waiting period ended. California approval and other closing requirements remain, but clearing this step favors completion.
That removes one required step before Western Union can take ownership of IMXI. California's approval is still suspended, and other closing requirements remain. The deal has not closed.
Western Union's purchase of IMXI cleared the federal waiting-period step, but California approval remains suspended and other closing requirements remain. The filing gives no new results or stated benefits for Western Union, so it does not change its outlook.
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