Western Union makes offer to buy MoneyGram

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Bloomberg reports that Western Union has made an offer to buy MoneyGram (see their full article here). It’s too early to know what effect that would have on money orders and MS if it went through. At this point, it is just an offer and it is worth nothing that it is highly possible that Western Union will be turned down at the point of sale.

We’ll have to keep an eye on how this develops.

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fjd
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fjd

monopolization is always bad news

THEsocalledfan
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THEsocalledfan

Yeah, saw this too. You’d think Walmart will want to keep MO no matter what happens, so thinking this should be okay? (I am not Greg, so should not jinx it….)