ACI Worldwide Inc. (ACIW) and Western Union Co. (WU) said Wednesday that the Federal Trade Commission has granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to ACI Worldwide's previously announced acquisition of Speedpay, Western Union's United States bill pay business.
The companies noted this satisfies one of the closing conditions for the transaction.
The transaction is expected to close as early as possible in the second quarter of 2019, subject to the satisfaction or waiver of other customary closing conditions.
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.