Moneygram gains on speculation of potential takeout offer (update)

Jul. 16, 2021 7:16 AM ETMoneyGram International, Inc. (MGI)MGI, WU, GDOT, PYPLBy: Joshua Fineman, SA News Editor2 Comments

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  • Update 11:05am: Advent declines to comment.
  • Moneygram (NASDAQ:MGI) rose 4.5% on speculation of a potential takeout bid from private equity firm Advent.
  • The money transfer company is speculated to be "in the sights" of Advent, according to an

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