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TanjiroK
2021-07-16

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MoneyGram Jumps on Reported Takeover Interest From PE Firm Advent

MoneyGram shares were higher after a media report said the Dallas money-transfer-services company might have drawn acquisition interest from a private equity firm.The company is "rumored to be in the sights of private equity group Advent," the Financial Times reported on Friday. The news service didn't say where it it got that information.The speculation about Advent's interest surfaced as MoneyGram is close to closing a major debt refinancing, the paper said. That effort could be completed as

MoneyGram Jumps on Reported Takeover Interest From PE Firm Advent

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TanjiroK
·2021-07-16
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