International Money Express (IMXI) shares fell 5.2%, marking a third consecutive daily decline, as investors await updates on its $500 million acquisition by Western Union. The stock has dropped 11% this week, trading at its lowest level since mid-August. This decline coincides with news that California regulators suspended an approval extension for the deal. While Western Union reportedly held investor meetings, both companies declined to comment immediately.
Intermex falls for a third day as investors wait for a Western Union deal update
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