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Fly News Breaks for July 7, 2015
EEFT
Jul 7, 2015 | 08:13 EDT
After Euronet announced that it had agreed to buy XE, a global digital foreign exchange platform, Wells Fargo thinks the deal should improve Euronet's global money transfer capabilities and increase awareness of its brand. The firm also believes that the acquisition will increase the revenue of its money transfer operations. Wells keeps an Outperform rating on the stock.
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