- Euronet Worldwide (NASDAQ:EEFT) proposes to buy MoneyGram International (MGI) for $15.20 per share to value the company at more than $1B, in addition to the assumption of approximately $940M in debt.
- The proposal represents a premium of ~15% over the Ant Financial Services Group offer from earlier this year.
- The company forecasts cost synergies from a combination of over $60M in the second year after closing.
- Source: Press Release
- MGI +21.25% premarket to $15.35.
Euronet Worldwide makes a run for Moneygram
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| Symbol | Last Price | % Chg |
|---|---|---|
| EEFT | - | - |
| Euronet Worldwide, Inc. | ||