Ant Financial Publishes Open Letter to the MoneyGram Community

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Go back to Ant Financial Publishes Open Letter to the MoneyGram Community

MoneyGram (MGI) CEO Sends Letter to Employees, Says Board is Continuing to Recommend Merger Agreement with Ant Financial (BABA) (EEFT)

April 6, 2017 5:08 PM EDT

MoneyGram (NASDAQ: MGI) disclosed in an SEC filing:

This Schedule 14A filing consists of the following communications relating to the proposed acquisition of MoneyGram International, Inc. (the Company) pursuant to the Agreement and Plan of Merger, dated as of January 26, 2017, by and among the Company, Alipay (UK) Limited, Matrix Acquisition Corp. and Alipay (Hong Kong) Holding Limited:

(i) Letter to Employees from MoneyGram CEO Alexander Holmes

Dear Colleagues,

You may have seen newspaper ads and a press release issued today by Ant Financial discussing the merger agreement they have entered... More