In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. In 1860 the U.S. Congress arranged among the telegraph companies a competition to create a national line. The winner was Western Union. Most service points of Western Union work in the time convenient for customers throughout the week and throughout the year. In 1864, fearing the laying of long underwater lines, Western Union offered to carry out laying of telegraph lines to Europe through the Russian Alaska under the narrow Bering Strait and then to Siberia with branching in the major cities of Europe. In 2007 the company made 167.7 million transactions on money transfers between individuals and 404.6 million transactions between physical and legal persons. 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 - In 1884 Western Union has become a joint-stock company and was brought to the stock exchange. The company has entered in the first American stock index Dow Jones.