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Business Services & Equipment M&A image Business Services & Equipment M&A » By The Online Investor Staff, updated Sun., Oct. 17, 11:11 AM Recent mergers and acquisitions in the Business Services & Equipment M&A category.

Slide #100. MoneyGram Advanced ChronoCash Services

Acquirer: MoneyGram (NASDAQ:MGI)
Acquiree: Advanced ChronoCash Services
Details: MoneyGram (NASDAQ:MGI), a leading global money transfer and payment services company, today announced it has acquired Advanced ChronoCash Services ("ACCS") and has signed an agreement to acquire MoneyGlobe Payment Institution S.A., which are both based in Athens, Greece.

MoneyGram International is engaged in in cross-border peer-to-peer payments and money transfers. Co. has additional offerings which include bill payment services, money order services, and official check processing. Co. manages its business primarily through two segments: Global Funds Transfer, which provides money transfer services and bill payment services principally as an alternative to banking services; and Financial Paper Products, which provides money orders to consumers through its agents and financial institutions located throughout the U.S. and Puerto Rico and provides official check outsourcing services for banks and credit unions across the U.S.

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Company Name: 
MoneyGram International Inc
Stock buyback: 
MGI buyback
Website: 
www.moneygram.com
Sector: 
Business Services & Equipment
Number of ETFs Holding MGI: 
20
Total Market Value Held by ETFs: 
$57.68M
Total Market Capitalization: 
$716.00M
% of Market Cap. Held by ETFs: 
8.06%
 

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Hold (2.00 out of 4)
0th percentile
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