Posted inUncategorized

Jack Ma finally ponies up for MoneyGram

Jack Ma has finally played his trump card as Ant Financial predictably outbid US firm Euronet with a new US$1.2 billion offer, reports TechCrunch. The Alibaba affiliate’s original bid of US$880 million was met with a competing bid of US$1 billion by Euronet, but MoneyGram’s board had consistently expressed confidence in the initial deal with […]