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Moneygram International Inc. - MGI STOCK NEWS

Welcome to our dedicated news page for Moneygram International (Ticker: MGI), a resource for investors and traders seeking the latest updates and insights on Moneygram International.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Moneygram International's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Moneygram International's position in the market.

Rhea-AI Summary
MoneyGram International, Inc. has been acquired by Madison Dearborn Partners (MDP) for $11.00 per share in an all-cash transaction. MoneyGram's common stock will be delisted from the Nasdaq stock market. With MDP's support, MoneyGram aims to accelerate its growth strategy, expand its network, and strengthen its position in cross-border payment technology.
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MoneyGram receives approval from the Reserve Bank of India for its acquisition by Madison Dearborn Partners. The transaction is expected to close by June 1, 2023.
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Moneygram International Inc.

Nasdaq:MGI

MGI Rankings

MGI Stock Data

1.07B
Data Processing, Hosting, and Related Services
Information
Link
US
Dallas

About MGI

moneygram is a global provider of innovative money transfer services and is recognized worldwide as a financial connection to friends and family. whether online, or through a mobile device, at a kiosk or in a local store, we connect consumers any way that is convenient for them. we also provide bill payment services, issue money orders and process official checks in select markets. more information about moneygram international, inc. is available at moneygram.com. moneygram offers person-to-person money transfer and payment services in more than 200 countries and territories through a global network of approximately 350,000 locations, working with retailers, international post offices and banks. moneygram also offers bill payment services, issues money orders and processes official checks in select markets. the company is committed to providing affordable, reliable, secure and convenient payment services to consumers around the world. a dynamic organization with a culture of innovation