According to Bloomberg, MoneyGram International (MGI) approached by Stellar, Advent

POTENTIAL DEAL DETAILS

Stock MoneyGram International, Inc. Symbol MGI
Date Announced 07/21/2021 Source Bloomberg
Type News Report
Date of Confirmation: 02/15/2022 Price at Confirmation: $10.70
Potential Profit: -6.88% Annualized Profit: -12.01%

MoneyGram International Inc. (MGI), one of the largest money-transfer services in the U.S., has received preliminary takeover interest from Stellar Development Foundation and private equity firm Advent International, according to people familiar with the matter.

Previously Western Union Co. (WU) was seeking to acquire MoneyGram International Inc. (MGI).

Update(s):

December 15, 2021: Private equity firm Madison Dearborn Partners LLC has approached MoneyGram International Inc (MGI), one of the world’s largest money transfer companies, with an acquisition offer, two people familiar with the matter said.

January 25, 2022: Private equity firms Madison Dearborn Partners LLC, Siris Capital Group LLC and Advent International Corp have made competing offers to acquire MoneyGram International Inc (MGI), according to people familiar with the matter.

February 15, 2022: MoneyGram International, Inc. (MGI), and Madison Dearborn Partners, LLC, announced a definitive agreement under which funds affiliated with MDP will acquire all outstanding shares of MoneyGram for $11.00 per share in an all-cash transaction valued at approximately $1.8 billion.

For more details view Deal Metrics

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