Madison Dearborn Partners Completes Acquisition of MoneyGram

Provided By PR Newswire

Last update: Jun 1, 2023

DALLAS and CHICAGO, June 1, 2023 /PRNewswire/ -- MoneyGram International, Inc. (NASDAQ: MGI) ("MoneyGram" or the "Company"), a leading global financial technology company that connects the world's communities, and Madison Dearborn Partners ("MDP"), a leading private equity investment firm based in Chicago, today announced that funds affiliated with MDP have completed their previously disclosed all-cash acquisition of MoneyGram for $11.00 per share. MoneyGram's common stock has ceased trading and will be delisted from the Nasdaq stock market.