The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement, and ACI Worldwide (NASDAQ: ACIW), a leading glob
Source: www.businesswire.com
The Western Union Company has entered into a definitive agreement with ACI Worldwide to sell its U.S. domestic bill pay business – Speedpay, for $750 million in an all-cash transaction. The deal is expected to close by the end of Q2 2019. The Company also announced a new share repurchase program of $1.0 billion for three-years, expiring on December 31, 2021. As of December 31, 2018, Western Union had $544 million remaining under the previous authorization.
