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Thursday, April 25, 2024 | Back issues
Courthouse News Service Courthouse News Service

Moneygram

WILMINGTON, Del. - Moneygram International is enriching its controlling stockholders "with a purported recapitalization ... whereby the controlling stockholders ... will convert their preferred stock and receive $218.3 million in cash and $109.2 million in additional stock in excess of their contractual conversion preferences," shareholders say in a class action.

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