๐ฐ IMXI jumps +25% after NY regulators clear $500M Western Union acquisition
International Money Express $IMXI is spiking hard after New York state regulators approved Western Union's $500 million buyout of the remittance company โ one of the final major regulatory hurdles before deal close. Shareholders are celebrating what looks like a clear path to the acquisition premium. M&A arb plays like this can move fast once the green lights start stacking up. Is the spread essentially closed now, or do you see lingering risk? Not financial advice.
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