US blocks sale of money transfer service MoneyGram to Alibaba’s Ant Financial; Ant Financial will pay a $30M termination fee for the deal breakup (Anita Balakrishnan/CNBC)

Anita Balakrishnan / CNBC:
US blocks sale of money transfer service MoneyGram to Alibaba’s Ant Financial; Ant Financial will pay a $ 30M termination fee for the deal breakup  —  – The U.S. government failed to approve a multimillion-dollar merger between MoneyGram and Ant Financial, an affiliate of Alibaba.


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