Bloomberg reported that The Western Union Company (NYSE: WU) initiated discussions
for a possible acquisition of Moneygram International Inc. (Nasdaq: MGI). Shares of Western Union gained 90 cents to close at $21.85 while Moneygram stock surged $1.67 to close at $9.47.
Western Union may buy Moneygram
May 06, 2015 at 16:35 PM EDT
