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MoneyGram International Inc. (MGI) Is Down After Merger Falls Through

MoneyGram International Inc. (MGI) announced after the bell Tuesday that it has agreed to terminate its merger agreement with Ant Financial Services Group after they failed to secure approval from U.S. officials. MoneyGram is now down 1.16 on 111K shares.

MoneyGram was range-bound throughout Tuesday's session and closed up by 0.13 at $13.31.

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