HedgeCo Insights

Jack’s Back. With More Money, Too

April 17, 2017 : Permanent Link

(Bloomberg) Finally, Jack Ma has offered a price for MoneyGram International Inc. that he should have three months ago.Late Sunday in the U.S., Ant Financial Group, an affiliate of Alibaba Group Holding Ltd., announced it would increase its bid by 36 percent to $18 per share.

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