U.S. blocks MoneyGram sale to China's Ant Financial

(Reuters) - A U.S. government panel rejected Ant Financial's acquisition of U.S. money transfer company MoneyGram International Inc over national security concerns, the companies said on Tuesday, the most high-profile Chinese deal to be torpedoed under the administration of U.S. President Donald Trump.

from Reuters: Business News http://ift.tt/2CHAA3e