MoneyGram International, Inc.
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MGI STOCK ALERT: HALPER SADEH LLP IS INVESTIGATING WHETHER THE SALE OF MONEYGRAM INTERNATIONAL, INC. IS FAIR TO SHAREHOLDERS – MGI
February 15, 2022.
New York, New York—Halper Sadeh LLP, an investor rights law firm, is investigating whether the sale of MoneyGram International, Inc. (NASDAQ: MGI) to funds affiliated with Madison Dearborn Partners, LLC for $11.00 per share in cash is fair to MoneyGram shareholders.
The investigation concerns whether MoneyGram and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for MoneyGram shareholders; (2) determine whether Madison is underpaying for MoneyGram; and (3) disclose all material information necessary for MoneyGram shareholders to adequately assess and value the merger consideration. On behalf of MoneyGram shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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