-
With MoneyGram Up For Grabs, Will M&A Take Hold In The Money Transfer Space?
Monday, May 15, 2017 - 12:00pm | 953A bidding war has pitted Alibaba Group Holding Ltd (NYSE: BABA)'s financial arm, Ant Financial, against Euronet Worldwide, Inc. (NASDAQ: EEFT) to acquire Moneygram International Inc (NASDAQ: MGI). Moneygram, a global provider of money transfer services, initially fielded a $13.25 per share...
-
Alibaba's Ma Really Wants To Buy MoneyGram But Will It Be Approved?
Monday, April 17, 2017 - 11:20am | 393Ant Financial, the China-based finance affiliate of the e-commerce giant Alibaba Group Holding Ltd (NYSE: BABA) really wants to acquire Moneygram International Inc (NASDAQ: MGI). Jack Ma, the brains behind Alibaba and Ant Financial initially presented an offer to acquire Moneygram at $13.25 per...