Ant Financial expected to increase offer for MoneyGram

|By:, SA News Editor

MoneyGram International (MGI +1.2%) is expected to determine that Euronet Worldwide Holdings (EEFT -0.6%) offer for the company is superior to the bid from Ant Financial, according to Bloomberg

The development could spur Ant to increase its offer.

Amid the bidding war, execs with MoneyGram and Euronet have taken some shots at each other.

Previously: Battle for MoneyGram International heats up (April 11)