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BRIEF-Euronet Worldwide proposes to acquire Moneygram for $15.20 per share
March 14, 2017 / 11:11 AM / in 4 months

BRIEF-Euronet Worldwide proposes to acquire Moneygram for $15.20 per share

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March 14 (Reuters) - Euronet Worldwide Inc

* Euronet worldwide proposes to acquire moneygram for $15.20 per share

* Euronet worldwide inc - expected cost synergies of approximately $60 million in second year post close of deal

* Euronet worldwide inc says expected cost synergies of approximately $60 million in second year after close of the transaction

* Euronet worldwide inc - deal valuing company at more than $1 billion

* Euronet worldwide inc - sees meaningful accretion to adjusted earnings post close of deal

* Euronet worldwide inc - deal also assumes approximately $940 million of moneygram's debt outstanding

* Euronet worldwide inc - wells fargo securities, llc serving as financial advisor for euronet Source text for Eikon: Further company coverage:

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