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Benzinga
Benzinga
Business
Avi Kapoor

Why International Money Express Shares Are Trading Higher By Around 54%; Here Are 20 Stocks Moving Premarket

Western Union Nasdaq BNB BNC
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Shares of International Money Express, Inc. (NASDAQ:IMXI) rose sharply in pre-market trading after Western Union announced plans to acquire Intermex for $500 million.

Western Union revealed its plans to acquire Intermex, a U.S.-based company specializing in payment transfers to Latin America and the Caribbean, on Sunday. The acquisition is set to bolster Western Union's position in the high-growth Latin American markets.

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