MoneyGram International, Inc. and Travelers Express Co., Inc. have/had a hierarchical relationship

Subsidiary MoneyGram International, Inc.
Parent Travelers Express Co., Inc.
Start Date 1998-06-00
End Date 2004-00-00
Notes In June 1998 Travelers Express paid $287 million to acquire MoneyGram Payment Systems Inc., a nonbank provider of consumer wire-transfer services, which complemented Travelers Express's money order business. In 2004, then-owner Viad Corp. spun off Travelers Express as an independent company called MoneyGram International.
Updated about 7 years ago