Provider of online payment services Ozforex Group Ltd (ASX:OFX), which recently rebranded as OFX, today announces the termination of acquisition talks with The Western Union Company (NYSE:WU). In November last year, Western Union submitted an indicative conditional proposal for all of OzForex’s issued share capital. Under the proposal, Western Union would have acquired 100% of the shares of OzForex for an all cash consideration of between $3.50 to $3.70 per OzForex share. A week later after the proposal receipt Ozforex agreed to engage in further acquisition talks on exclusive basis to progress the proposal. OFX said ... (full story)