Western Union (NYSE: WU) and International Money Express, Inc. (Intermex) (NASDAQ: IMXI) have announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 in connection with Western Union's planned acquisition of Intermex. This represents an important regulatory approval for the completion of the planned acquisition, which was first announced earlier this year. The acquisition is expected to close in mid-2026, subject to obtaining other regulatory approvals, the approval by Intermex's stockholders, and the satisfaction or waiver of certain other customary closing conditions.
Western Union is committed to helping people around the world who aspire to build financial futures for themselves, their loved ones, and their communities. Their leading cross-border, cross-currency money movement, payments, and digital financial services empower consumers, businesses, financial institutions, and governments across more than 200 countries and territories and over 130 currencies.
No specific financial metrics or changes have been provided in the press release. Following these announcements, the company's shares moved 1.15%, and are now trading at a price of $14.10. For more information, read the company's full 8-K submission here.