February 13th, 2008
MoneyGram Gets $710 Million Aid
(Digital Money World) MoneyGram, one of the big boys in the money transmitting business has been toiled down with turmoils after the subprime meltdown. With its share priced halved, MoneyGram posted a $571 million net loss last September.
The negotiations of partial buyout amounting to $710 million from Thomas H. Lee Partners were successful, and also […]


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