05:10 AM EDT, 08/14/2026 (MT Newswires) -- (Updates with the stock move in the last paragraph.)
Western Union's (WU) pending acquisition of International Money Express ( IMXI ) received approval from the New York State Department of Financial Services, with Western Union agreeing to certain commitments related to remittance services and locations, the companies said Friday.
Meanwhile, California's Department of Financial Protection and Innovation has suspended its previously granted approval extension, citing the need for further review, according to the companies.
The companies said they plan to engage with the regulator and seek reinstatement of the approval.
International Money shares were up 24% in premarket activity, while Western Union fell 0.3%.