In 1856, in 7 years after the foundation of New York State Printing Telegraph Company, the company changed its name to Western Union Telegraph Company. Western Union made so that the time in all of American civil services was the same. In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 1970 - a new service called July 3, 1884 the company's shares were included in the calculation base for the newly created stock index Dow Jones Transportation Average. The first offices of company were located in the Reynolds Arcade building in Rochester, New York. The sign above the main entrance to the building - Sibley, the founder of Western Union, did not build a new telegraph lines, and persuaded the other players to join. American Telegraph Company, however, still had to buy it. The Western Union Company is a leader in global payment services Western Union incomes for 2007 have made $4,9 billion US dollars, and the quantity of transactions has made 572 million. In 1988, the company undertook a massive reorganization in response to rapidly changing business conditions. In particular, this need has arisen due to many technological changes that have taken place at that time. Company name was changed from Western Union Telegraph Co. to Western Union Corp.
In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 1970 - a new service called Western Union made so that the time in all of American civil services was the same.