In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams. The Western Union Company - the American company, specialising on granting of services of monetary intermediary. Western Union was founded in 1851. The company is one of leaders in the market of the international remittances. The size of the commission fee for the transfer is charged according to the Western Union tariffs and depends on the amount of money sent. Thanks to cooperation with Western Union the Associated Press at the end of the XIX century took almost monopolistic position in the U.S. market news. In the summer of 1990 top managers of the Western Union Company spent day and night in the main office in Englewood (Colorado, USA). They needed to meet the challenge: to save the Western Union from bankruptcy, paying off the debts of the company millions of dollars.