NASDAQ GS
MGI

MoneyGram International, Inc.

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of MoneyGram International, Inc. (NASDAQ GS: MGI) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of MoneyGram International, Inc. (“MoneyGram” or the “Company”) (NASDAQ GS: MGI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Ant Financial Services Group (“Ant Financial”), in a transaction valued at approximately $880 million.

Under the terms of the agreement, shareholders of MoneyGram will receive $13.25 in cash for each share of MoneyGram common stock.

The investigation concerns whether MoneyGram’s board of directors failed to adequately shop the Company and obtain the best possible value for MoneyGram shareholders before entering into an agreement with Ant Financial.

If you own the common stock of MoneyGram and purchased your shares before January 26, 2017, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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