The Western Union Company (NYSE: WU), a leader in global payment
services, today issued the following statement:
“Although our policy is not to comment on market rumors or speculation,
and that continues to be our policy on a going forward basis, in view of
the high level of market activity in our stock today, Western Union
states that current news reports indicating that our company is in
discussions to acquire MoneyGram International, Inc. are not accurate.”
About Western Union
The Western Union Company (NYSE: WU) is a leader in global payment
services. Together with its Vigo, Orlandi Valuta, Pago Facil and Western
Union Business Solutions branded payment services, Western Union
provides consumers and businesses with fast, reliable and convenient
ways to send and receive money around the world, to send payments and to
purchase money orders. As of March 31, 2015, the Western Union, Vigo and
Orlandi Valuta branded services were offered through a combined network
of over 500,000 agent locations in 200 countries and territories and
over 100,000 ATMs and kiosks. In 2014, The Western Union Company
completed 255 million consumer-to-consumer transactions worldwide,
moving $85 billion of principal between consumers, and 484 million
business payments. For more information, visit www.westernunion.com.
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Copyright Business Wire 2015