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. In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. By 1861 Western Union telegraph lines entangled the whole America. It's time to explore Europe. The Western Union Company is a leader in global payment services In 1933, by the Western Union Company were invented "singing telegrams". In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp. 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.
Western union sending money to New Zealand
In the 30's of the twentieth century, Western Union has become the world's largest telegraph company. Leaving the idea of expansion into Europe, Western Union took up the expansion of services in the U.S. market. In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams.
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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. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. To obtain the Golden card can any client of Western Union, committing money transfers on this system more than 1 time per year. Getting the card is issued at the time of making of the next transfer. In 1991, Western Union has sold some low-profit division of the company AT & T, GM Hughes Electronics, and to some others. In the same year the company changed its name to New Valley Corp.