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- Western Union (WU) edged higher by 0.9% amid some takeover speculation.
- Western Union (WU) has attracted takeover interest, according to traders, who cited a Betaville “uncooked” alert that was circulating on Tuesday. The identity of the potential buyer was unknown.
- The speculation comes as Western Union (WU) is in the late stages of its planned $500 million takeover of International Money Express (IMXI).
- Shares of International Money Express fell 1.2% on Tuesday.
More on Western Union
- Western Union: An 11% Yield And 5x Earnings Make This Turnaround Worth The Risk
- Western Union: A Hidden Growth Story Trading At An 11.5% Yield
- The Western Union Company (WU) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
- International Money falls on report New York mayor trying to scuttle Western Union deal
- Western Union's 'USDPT' stablecoin goes live on Solana blockchain
