Intermex Rejects Western Union's Merger Agreement Termination

News related to:Intermex · 2 min read

MIAMI, Nov. 11, 2026 /CourierPR/ -- Intermex, an international money transfer company founded in 1994, has rejected a purported termination of its merger agreement with Western Union. The termination notice, delivered by Western Union on the night of November 10, 2026, followed the receipt by Western Union of conditional approval from the California Department of Financial Protection and Innovation for the merger.

Intermex, through its legal counsel, has responded to Western Union’s rejection of the termination, demanding that Western Union proceed with the merger. Intermex maintains its commitment to the transaction and asserts that it has fulfilled all obligations under the merger agreement. The company stands ready to complete the transaction and is prepared to pursue its remedies, including seeking specific performance and holding Western Union liable for substantial damages.

Intermex operates in the United States, Canada, Spain, Italy, and Germany, providing digital money transfer services through agent retailers, Intermex-operated stores, mobile apps, and its websites. The company serves more than 60 countries, facilitating transactions through thousands of retail and bank locations worldwide. Headquartered in Miami, Florida, Intermex also has international offices in Puebla, Mexico, Guatemala City, Guatemala, and Madrid, Spain.

The dispute between the two companies highlights the complexities and challenges involved in large-scale mergers, particularly in the financial services sector. Intermex remains committed to the merger and is prepared to take legal action to ensure its completion. The company is committed to vigorously pursuing its rights and remedies under the merger agreement.

Intermex’s commitment to the transaction is underscored by its belief in the strategic value of the merger. The company has satisfied all of its obligations under the merger agreement and is ready to move forward with the transaction. Intermex is prepared to hold Western Union accountable for any actions that may impede the merger’s progress.

The conditional approval from the California Department of Financial Protection and Innovation adds another layer of complexity to the ongoing dispute. Western Union’s purported termination of the merger agreement, following this approval, has raised questions about the company’s intentions and the legal validity of its actions. Intermex is prepared to address these concerns through legal means.

Intermex’s commitment to the transaction is reflected in its ongoing operations and its readiness to complete the merger. The company is focused on ensuring that the transaction is completed on anticipated terms and timing, despite the challenges posed by Western Union’s purported termination notice. Intermex’s legal team is prepared to take all necessary actions to ensure the merger’s successful completion.

In conclusion, Intermex remains committed to the merger and is prepared to take all necessary actions to ensure its completion. The company is committed to vigorously pursuing its rights and remedies under the merger agreement and holding Western Union liable for any substantial damages that may arise from the company’s purported termination of the agreement.

Start filing today

One press release free every week. No card required.

Create a free account