MoneyGram and Walmart Announce New Three-Year Agreement

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MoneyGram (MGI) Surges on Wal-Mart Extension

February 1, 2016 10:33 AM EST

MoneyGram (NASDAQ: MGI) is surging 15.8% in early trade Monday after the company and Wal-Mart (NYSE: WMT) announced the extension of their more than 17-year relationship.

his new three-year agreement, which begins on Feb. 1, continues MoneyGram's... More