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 Alibaba is taking a big step into the U.S. — but it isn’t necessarily what you might think. Its affiliate Ant Financial has revealed it is buying U.S. payments firm MoneyGram for $880 million. Ant Financial is paying $13.25 per share for NASDAQ-listed MoneyGram, a jump on the $11.88 price it held at the beginning of trading on Wednesday. The deal is subject to regulatory… Read More
https://techcrunch.com/2017/01/27/alibaba-ant-financial-moneygram/?ncid=rss
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