---
title: "Intermex drops for a 3rd day; Citi says Western Union wants deal to get done"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/300070315.md"
description: "Intermex (IMXI) shares dropped 8% for a third consecutive day, trading around $10.60, as investors worry about the closure of its $500 million acquisition by Western Union. Citigroup analyst Bryan Keane noted that Citi moved the deal's close date to November 10 due to ongoing California regulatory review. Despite lower-than-expected standalone performance for Intermex, synergy potential supports the deal economics. However, increased uncertainty led Keane to lower his price target on Western Union to $6."
datetime: "2026-09-24T19:44:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/300070315.md)
  - [en](https://longbridge.com/en/news/300070315.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/300070315.md)
generator: "portal-rs"
---

# Intermex drops for a 3rd day; Citi says Western Union wants deal to get done


### Related Stocks

- [IMXI.US](https://longbridge.com/en/quote/IMXI.US.md)
- [WU.US](https://longbridge.com/en/quote/WU.US.md)

## Related News & Research

- [International Money Express, Western Union refile for US antitrust clearance on merger plan](https://longbridge.com/en/news/300824764.md)
- [UBS Reaffirms Their Hold Rating on Western Union (WU)](https://longbridge.com/en/news/300445502.md)
- [Cantor Fitzgerald maintains Underweight rating on Western Union, $6 price target](https://longbridge.com/en/news/300420838.md)
- [Solana: Western Union's USDPT stablecoin goes live onchain - 30 Sep 2026](https://longbridge.com/en/news/300602722.md)
- [IMXI: Q2 revenue and net income declined, with a pending $16/share Western Union acquisition](https://longbridge.com/en/news/295504033.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**