Intermex Clears HSR Hurdle for Western Union's $16.00/Share Takeout; California DFPI Approval Still Suspended
IMXI is trading near its 52-week low of $8.32 (14% above the low).
Summary
The HSR waiting period on Western Union's $16.00-per-share cash acquisition of Intermex expired November 2, 2026, clearing the federal antitrust condition. Reinstatement of the suspended California DFPI approval is now the remaining regulatory hurdle.
Key Events · M&A and Partnerships · IMXI
-
HSR Waiting Period Expires
The Hart-Scott-Rodino waiting period for Western Union's merger with Intermex expired at 11:59 p.m. Eastern Time on November 2, 2026, satisfying the federal antitrust closing condition.
-
California DFPI Approval Still Suspended
The merger remains subject to reinstatement of the suspended approval of the California Department of Financial Protection and Innovation, plus the other closing conditions in the Merger Agreement.
-
Deal Terms Unchanged at $16.00/Share
The August 10, 2025 merger agreement with Western Union and Ivey Merger Sub remains a cash deal at $16.00 per share, with Intermex becoming a wholly owned Western Union subsidiary.
-
Follows October 2 HSR Refiling
This confirms the expected outcome of the new Premerger Notification and Report Forms filed by both companies on October 2, 2026, after the prior antitrust clearance expired.
Analysis · IMXI · Trade & Services
The last federal antitrust condition on Western Union's $16.00-per-share cash acquisition of Intermex is now satisfied, with the HSR waiting period expiring at 11:59 p.m. ET on November 2, 2026, one day before this filing. That removes the main federal gating item and leaves the suspended California DFPI approval as the remaining regulatory obstacle, which is why the stock still trades well below the deal price. No new terms, price or timetable appear in the filing; it is the expected follow-through of the new HSR notifications filed October 2, 2026, after the prior clearance lapsed.
How filings like this one have moved
In the 30 days to Nov 3, 2026, 32.3% of the 2077 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was 0.00%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, IMXI was trading at $9.45 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $287.6M. The 52-week trading range was $8.32 to $15.95. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.