Group 1 - International Money Express Inc. (NASDAQ:IMXI) is a Florida-based remittance services company currently in the process of being acquired by Western Union [2][3] - The acquisition deal was announced on August 10th, with Western Union set to pay $16 per share, totaling $500 million [3] - On December 9th, shareholders approved the acquisition, with 71.5% of shareholders present and nearly all voting in favor [2] Group 2 - The firm's shares increased by 59% on the day the acquisition was announced [3] - International Money Express Inc. operates a platform called remittance-as-a-service (RaaS), allowing businesses to integrate remittances into their operations [3] - The company has also partnered with Canadian money services provider Orbit Money Transfer, enabling Orbit's customers to access IMXI's network [3]

Core Viewpoint - The expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act is a significant regulatory milestone for Western Union's planned acquisition of Intermex, which is expected to close in mid-2026, pending other regulatory approvals and stockholder consent [1][2]. Company Overview Western Union - Western Union is a global leader in cross-border, cross-currency money movement and digital financial services, operating in over 200 countries and territories with more than 130 currencies [3]. - The company aims to provide accessible financial services to help individuals and communities prosper [3]. Intermex - Intermex, founded in 1994, utilizes proprietary technology to facilitate money transfers from the U.S., Canada, Spain, Italy, the U.K., and Germany to over 60 countries [4]. - The company operates through a network of agent retailers, company-operated stores, mobile apps, and websites, fulfilling transactions via thousands of retail and bank locations globally [4].