In the Western Union in the 30s of the 20th century worked 14 thousand couriers delivering telegrams. 1980 - for the first time in the history of Western Union revenues from money transfers exceeded the income from the telegraph service. In 1995, First Financial Management was acquired by First Data Corp. (the deal amounted to $ 7 billion), and Western Union Financial Services became a subsidiary of First Data. In October 1871 the company has implemented the world's first telegraph money order. After a century money transfers have become a major source of income for Western Union. 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.