m_and_a
confidence high
sentiment neutral
materiality 0.85
Western Union to acquire International Money Express for $16.00/share cash
Western Union CO
- Western Union to acquire International Money Express (IMXI) for $16.00 per share in cash.
- Transaction subject to IMXI stockholder approval, HSR clearance, and money transmitter license approvals.
- Termination fees: $19.8M payable by IMXI to Western Union under certain circumstances; $27.3M payable by Western Union to IMXI if antitrust restraint blocks deal.
- No-shop provision with fiduciary out for IMXI board if superior proposal emerges.
- Outside date May 11, 2026, extendable to Nov 10, 2026 for regulatory approvals.
item 1.01item 9.01