$WU reject dfpi conditions cause they dont want to go further with agents control. Dfpi want to aboid money Laundry that its normal... and looking the cases where $WU was involved its logical that conditions delawere may be give the reson to $IMXI
$WU just want to pay less for $IMXI the conditions of dfpi is just a normal conditions for protection of users and try to hold all locations. Remember that $WU was involed in a case with money Laundry, and dfpi want to keep $WU under control. Its normal that Wu reject it
The BEST way for me acording to $IMXI and $WU deal its try to get a compensation to make buy backs with that and using the cash too. Reallly $IMXI is so cheeper. The potencial of that Buybacks its enormous
@gr8t4ver@VictorH91230922 At this point with the fcf that $IMXI make in a year, they can buy backs a more than 10% of the shares every year. In 2 years with Buybacks they can do more dan 1,58$ EPS. Just doing the same fcf in this " bad year ".
@Randall7575 Dfpi public info just talk about security, money Laundry and let the users choose services, keep services and locations to user. I think less than ny conditions. Maybe $WU must be clear to $IMXI
@VictorH91230922@gr8t4ver I still holding even thinking add some more.
If $IMXI make buy backs, and try to promotion their app may be in future Will see the price more upside than 16$. I think the fair value now its 10$ . Too much fcf generation .
$WU DFPI requirements once again; they focus on ensuring user security specifically by preventing money laundering aiming to keep locations open for the convenience of users, and ensuring that individuals wanted by the law not permitted to conduct transactions $IMXI
$WU He acted too hastily; he didn’t even attempt to negotiate following the approval, but instead rushed to reject the agreement $IMXI . He may have made a mistake.
$WU controlled the regulatory clock (§5.03(d)). The DFPI didn't let the Nov 10 outside date lapse — it approved that day. WU terminated within hours anyway, without asking for a short extension. If WU's own pace caused the miss, the §7.01(b)(i) proviso bars its exit. $IMXI
$IMXI the deal is dead now. But if you use 40m of free cash to purchase your own common stock at 5,5$ or 6$ will be worth It. 22% of company buy back. 2 yeards doing that and maybe we go more than 16$
@mcshmooty $WU going up and $IMXI down. In this case the market says that the deal its going to fall. When de deal its going to materialize normally the buyer go down