Tuesday, May 13, 2015
IMTC EMEA 2015
Istanbul – May 25-27
IMTC WORLD 2015
Miami Beach – Nov 9-12
WILL WESTERN UNION BUY MONEYGRAM?
Even if the news were quenched, the debate lingers
The news gained momentum on May 5th when Bloomberg reported that WU was in talks with MGI. Immediately MGI shares shoot up almost 40% and WU shares also went up slightly. My phone started ringing with investment advisor asking for my opinion. I had little to say, really. But the following day, WU announced that the news of the acquisition discussions “are not accurate.” What does this means? That yes they are talking but not exactly on an acquisition?
Everybody in the industry thinks: Will regulators squash this deal quickly as they did twenty years ago? I think they might still, with the “too big to fail mentality” looming now. An anonymous blogger at SeekingAlpha.com, a website I follow for their irreverent and opinionated analysis of stocks, wrote a post that I discuss and that you should read…