MoneyGram to Acquire US’s Nexxo Financial’s Kiosk-Based Money Transfer Business

MoneyGram, a global money transfer company, announced that it has signed an agreement to acquire Nexxo Financial’s full-service money transfer kiosk business and to become the preferred money transfer and bill payment partner for Nexxo Financial. The transaction is expected to close in the fourth quarter of this year subject to closing conditions. MoneyGram will acquire approximately