WU terminates agreement to acquire Intermex after California regulators imposed unacceptable conditions.
The Western Union terminated its acquisition of IMXI after California’s DFPI imposed conditions requiring material changes to WU's business model. The deal remains terminated with no financial penalties under the agreement terms.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
START FREE — 10,000 calls/day, no key needed