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Shareholder Alert: The Ademi Firm Continues to Investigate Whether International Money Express Inc. is Obtaining a Fair Price for Its Public Shareholders

1. Ademi Firm investigates IMXI for potential fiduciary duty breaches. 2. Intermex shareholders offered $16.00 per share, totaling $500 million. 3. Insiders expected to benefit significantly from the transaction. 4. Transaction limits competing bids with significant penalties for acceptance. 5. Board's fiduciary duties are under scrutiny from shareholders.

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FAQ

Why Bearish?

The investigation and potential breaches raise concerns about governance, impacting trust and stock perception. Historical examples indicate similar investigations often lead to shareholder sell-offs.

How important is it?

The investigation pertains directly to shareholder rights and fiduciary duties, likely influencing stock performance and investor sentiment. The offered cash price could also ignite debate about value versus governance compliance.

Why Short Term?

Immediate investor reactions could occur due to negative press and uncertainty around governance. Historical instances show quick impacts in similar situations as investors weigh risks.

Related Companies

The Ademi Firm is investigating Intermex (NASDAQ:IMXI) for possible breaches of fiduciary duty and other violations of law in its transaction with Western Union.

Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.

In the tender offer transaction, shareholders of Intermex will receive $16.00 per share in cash, representing approximately $500 million in total equity and enterprise value.

Intermex insiders will receive substantial benefits as part of change of control arrangements.

The transaction agreement unreasonably limits competing transactions for Intermex by imposing a significant penalty if Intermex accepts a competing bid. We are investigating the conduct of the Intermex board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.

We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.

Ademi & Fruchter LLP

Guri Ademi

Toll Free: (866) 264-3995

Fax: (414) 482-8001

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