MIAMI, Nov. 11, 2026 (GLOBE NEWSWIRE) -- International Money Express, Inc. (NASDAQ: IMXI) (“Intermex”) announced that The Western Union Company (NYSE: WU) (“Western Union”) last night delivered to Intermex a notice purportedly terminating the pending merger agreement between the two companies. Western Union’s termination of the Merger Agreement followed its receipt on November 10, 2026 of the conditional approval of the Merger from the California Department of Financial Protection and Innovation. Through its counsel, Intermex has responded to Western Union rejecting Western Union’s purported termination of the merger agreement and demanding that Western Union take all actions necessary to consummate the merger.
Intermex remains committed to the merger, has satisfied all of its obligations under the merger agreement and stands ready to complete the transaction. Intermex will vigorously pursue its remedies and reserves all rights under the Merger Agreement and otherwise, including but not limited to its rights to specific performance and to hold Western Union liable for substantial damages.
About Intermex
Founded in 1994, Intermex enables consumers to send money from the United States, Canada, Spain, Italy, and Germany to more than 60 countries. Intermex provides digital money through agent retailers; Intermex-operated stores; mobile apps; and Intermex’s websites. Transactions are fulfilled through thousands of retail and bank locations worldwide. Intermex is headquartered in Miami, Florida, with international offices in Puebla, Mexico, Guatemala City, Guatemala, and Madrid, Spain. For more information about Intermex, please visit www.intermexonline.com.
Intermex Contact:
Investor Relations
Alex Sadowski
ir@intermexusa.com
Safe Harbor Compliance Statement for Forward-Looking Statements
Certain statements in this communication may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, included or incorporated in this communication are forward-looking statements. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “continued,” “project,” “plan,” “opportunity,” “estimate,” “potential,” “predict,” “demonstrates,” “may,” “will,” “could,” “intend,” “shall,” “possible,” “forecast,” “trends,” “contemplate,” “would,” “approximately,” “likely,” “outlook,” “schedule,” “pipeline,” “expects,” “intends,” “might,”, “assumes,” “estimates,” “approximately,” “shall,” “our planning assumptions,” “future outlook,” “currently,” “target,” “guidance,” and similar and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements, but the absence of these words does not mean that a statement is not forward looking. These forward-looking statements are not guarantees of future performance, conditions or results. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. These factors and circumstances include, but are not limited to: (i) the completion of the proposed transaction on anticipated terms and timing or at all, including obtaining regulatory approvals and other conditions to the completion of the transaction, as well as the resolution of any dispute with Western Union regarding its purported termination; (ii) the occurrence of any event, change or other circumstance or condition that could give rise to the termination of the Merger Agreement, including the purported notice of termination dated November 10, 2026; (iii) potential significant transaction costs associated with the proposed transaction; (iv) potential litigation or regulatory actions relating to the proposed transaction; (v) the risk that disruptions from the proposed transaction will harm our business, including current plans and operations, and risks related to diverting management’s attention from our ongoing business operations and relationships; (vi) our ability to retain and hire key personnel; (vii) potential adverse business uncertainty resulting from the announcement, pendency or completion of the proposed transaction, including restrictions during the pendency of the proposed transaction that may impact our ability to pursue certain business opportunities or strategic transactions; (viii) failure to obtain regulatory approval of the transaction; and (ix) other risks and uncertainties described in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and those indicated from time to time in other documents filed or to be filed with the SEC by Intermex. The forward-looking statements contained in this communication are based on our current expectations and beliefs concerning future developments and their potential effects on us. If underlying assumptions to forward-looking statements prove inaccurate, or if known or unknown risks or uncertainties materialize, actual results could vary materially from those anticipated, estimated, or projected. The forward-looking statements contained in this communication are made as of the date of this communication, and Intermex disclaims any intention or obligation, other than imposed by law, to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Persons reading this communication are cautioned not to place undue reliance on forward-looking statements.
