Company: IMXI
Filing Date: 2025-11-05
Form Type: DEFM14A
Source: 0001140361-25-040538
Chunk: 89

Company: International Money Express, Inc.
Filing Date: 2025-11-05
Form: DEFM14A
Chunk 89
---
 on similar or more favorable terms, given the fact the Merger Agreement was entered into following an extensive public sale process conducted by FTP, during which FTP contacted 30 potential strategic acquirers (including Western Union) and 77 potential financial acquirers concerning their interest in an acquisition of Intermex, as well as the active interest and competing offer of Party B. For more details on Intermex’s interactions with potential counterparties, please see the section of this proxy statement captioned“The Merger — Background of the Merger.” |

| • | Negotiation Process.The Board of Directors and Strategic Alternatives Committee considered the fact that the terms of the Merger were the result of robust, arm’s length negotiations conducted by Intermex at the direction of the Strategic Alternatives Committee and with the assistance of independent financial advisors and outside legal counsel. The Board of Directors and Strategic Alternatives Committee also considered the enhancements that Intermex and its advisors were able to obtain as a result of negotiations with Western Union and its financial and legal advisors, including the increase in Western Union’s proposed acquisition price from its proposal for $14.25 per share in cash to $16.00 per share in cash, which is further described |

53

TABLE OF CONTENTS

in the section of this proxy statement captioned “ The Merger — Background of the Merger”. The Board of Directors believed, after consultation with representatives of FTP and Lazard, that the Merger Consideration was the maximum price at which Western Union would conduct the acquisition of Intermex.

| • | Strategic Alternatives. The Board of Directors and the Strategic Alternatives Committee considered the risks and potential benefits associated with other strategic alternatives and the potential for stockholder value creation associated with those alternatives. As part of these evaluations, the Board of Directors and Strategic Alternatives Committee considered continuing to execute Intermex’s strategy as an independent company as well as pursuing other strategic alternatives, and the desirability and perceived risks of those alternatives, as well as the potential benefits and risks to the holders of our common stock of those alternatives and the timing and likelihood of effecting such alternatives. After a thorough review of strategic alternatives and discussions with management and Intermex’s financial and legal advisors, the Strategic Alternatives Committee and the Board of Directors determined that the Merger Consideration is more favorable to Intermex stockholders than the potential value that might result from other available strategic options. |

| • | Timing and Likelihood of Consummation. The Board of Directors and Strategic Altern