MoneyGram International, Inc. (NASDAQ:MGI) Files An 8-K Other Events
Item8.01
| Other Events |
On March26, 2017, MoneyGram International, Inc. (the Company)
issued the press release attached hereto as Exhibit 99.1 and
incorporated by reference herein.
Forward-Looking Statements
This communication contains forward-looking statements which are
protected as forward-looking statements under the Private
Securities Litigation Reform Act of 1995 that are not limited to
historical facts, but reflect the Companys current beliefs,
expectations or intentions regarding future events. Words such as
may, will, could, should, expect, plan, project, intend,
anticipate, believe, estimate, predict, potential, , target,
continue, and similar expressions are intended to identify such
forward-looking statements. The statements in this press release
that are not historical statements are forward-looking statements
within the meaning of the federal securities laws, including,
among other things, statements regarding the Euronet Worldwide,
Inc. (Euronet) proposal (the Euronet Proposal) and the Companys
board of directors review thereof, any future determination by
the Companys board of directors, the likelihood of the merger
with Ant Financial Services Group (Ant Financial) being
consummated, and the likelihood of the Euronet Proposal resulting
in a definitive agreement on the terms thereof or at all. These
statements are subject to numerous risks and uncertainties,
including the risk that Euronet may withdraw or modify the terms
of its proposal, many of which are beyond the Companys control,
which could cause actual results to differ materially from the
results expressed or implied by the statements.
Additional Information for Stockholders
In connection with the proposed merger with Ant Financial, the
Company has filed a preliminary proxy statement and will file a
definitive proxy statement and other materials with the
Securities and Exchange Commission (the SEC). In addition, the
Company may also file other relevant documents with the SEC
regarding the proposed transaction. INVESTORS AND SECURITY
HOLDERS ARE URGED TO READ THE PROXY STATEMENT(S) AND OTHER
DOCUMENTS THAT HAVE BEEN OR MAY BE FILED WITH THE SEC CAREFULLY
AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE
THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security
holders may obtain a free copy of the proxy statement(s) (when
available) and other documents filed with the SEC by the Company,
at the Companys website, corporate.moneygram.com, or at the SECs
website, www.sec.gov. The proxy statement(s) and other relevant
documents may also be obtained for free from the Company by
writing to MoneyGram International, Inc., 2828 North Harwood
Street, 15th Floor, Dallas, Texas 75201, Attention: Investor
Relations.
Participants in the Solicitation
The Company and its directors and executive officers may be
deemed to be participants in the solicitation of proxies from the
stockholders of the Company in connection with the proposed
transaction. Information about the directors and executive
officers of the Company is set forth in the Proxy Statement on
Schedule 14A for the 2016 annual meeting of stockholders for the
Company, which was filed with the SEC on April4, 2016. This
document can be obtained free of charge from the sources
indicated above. Other information regarding the participants in
the proxy solicitation and a description of their direct and
indirect interests, by security holdings or otherwise, is
contained in the preliminary proxy statement and will be
contained in the definitive proxy statement and other relevant
materials to be filed with the SEC when they become available.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
|
Exhibit No. |
Description of Exhibit |
|
| 99.1 | Press Release dated March26, 2017 |
About MoneyGram International, Inc. (NASDAQ:MGI)
MoneyGram International, Inc. is a provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company’s Global Funds Transfer segment offers money transfer services and bill payment services primarily to unbanked and underbanked consumers. It utilizes point-of-sale platforms, including AgentConnect, DeltaWorks, Delta T3 and MoneyGram Online. The bill payment service includes ExpressPayment service. The Company offers its services under the MoneyGram brand. The Company’s Financial Paper Products segment offers money orders to consumers through its retail agents and financial institutions located across the United States and Puerto Rico. Its Financial Paper Products segment provides official check outsourcing services for financial institutions across the United States. The Company also offers Digital/Self-Service solutions, such as moneygram.com, mobile solutions, account deposit and kiosk-based services. MoneyGram International, Inc. (NASDAQ:MGI) Recent Trading Information
MoneyGram International, Inc. (NASDAQ:MGI) closed its last trading session up +0.03 at 16.66 with 461,553 shares trading hands.