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Jack Ma gives up on buying MoneyGram


Billionaire businessman Jack Ma on Tuesday abandoned his attempt to buy MoneyGram after getting the cold shoulder on the deal from President Trump’s regulators. After MoneyGram announced that Ma’s China-based Ant Financial was walking away from its $1.2 billion merger deal, its shares tumbled 6.5 percent in after-hours trading, to $12.45, below the price in...
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Source: New York Post


00:20, January 3, 2018 Josh Kosman

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