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Ant Financial Plans to Resubmit MoneyGram Application

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Ant Financial, the Chinese payments company behind Alipay, is planning a third attempt to acquire U.S. money transfer service MoneyGram. Ant Financial first applied to buy the money transfer service for U.S. review earlier in 2017 after months of negotiating for MoneyGram’s acquisition; that first application failed to gain security clearance from the Committee on […]

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