In February 2009 the company entered into an agreement with Fexco to acquire 100% of its shares for $ 159.9 million. Money transfer is a matter of minutes, at any distance. 1970 - a new service called In 1849, Selden and Sibley, the founders of the future Western Union, created the New York State Printing Telegraph Company. Western Union made so that the time in all of American civil services was the same.