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Technology / AI and automation

WESTERN UNION TO SWEETEN TERMS FOR NEW SECURITIES

Western Union Corp has said that it will announce sweetened terms for some of the new securities to be offered in its financial reconstruction plan this week: a meeting to vote on the revised terms has been called for December 10; it needs acceptances with respect to 80% of key classes of its stock for the plan to proceed, but so far has received acceptances for only 18%.

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CBR Staff Writer

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