Western Union (NYSE: WU) and International Money Express, Inc. (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, a leading cross-border, cross-currency money movement, payments, and digital financial services provider, operates in more than 200 countries and territories and over 130 currencies. The company aims to offer accessible financial services that help people and communities prosper. Today the company's shares have moved 1.24% to a price of $8.17. Check out the company's full 8-K submission here.