Wednesday, May 24, 2023

Equity Corporate Actions Alert #2023 - 297
(UPDATED: Merger closed) Information Regarding the Merger of MoneyGram International, Inc. (MGI)


  • Industry Announcement

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At a special meeting held on May 23, 2022, the shareholders of MoneyGram International, Inc. (MGI) approved the proposed merger with an affiliate of Madison Dearborn Partners, LLC. The merger closed prior to the market open today, June 1, 2023. In anticipation of the closing, the stock was halted immediately following the after-hours session at 8 p.m. on May 31, 2023. The stock will remain halted on the day of closing (June 1st) and will be suspended effective June 2, 2023. The details are as follows:

Company Name/Issue: MoneyGram International, Inc. Common Stock
CUSIP#: 60935Y208
Symbol: MGI
Last Trading Date: May 31, 2023
Marketplace Effective Date for Suspension: June 2, 2023
Merger Consideration: $11.00 for each share held.

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