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Western Union International, Inc. - Spin-off Co. Stock Certificate - Acquired by American Securities then Xerox

Inv# TT1006   Stock
State(s): Delaware
Years: 1960's
Color: Orange or Green

Telegraph Stock printed by American Banknote Company. Green or Orange Type Available. Please specify color. Rare!!! In 1963, Western Union organized its international cable system properties and its right-of-way for connecting international telegraph lines into a separate company called Western Union International (WUI), which it sold that year to American Securities.

In 1967, American Securities listed WUI as a publicly traded company on the New York Stock Exchange. WUI was acquired by Xerox for $207 million in stock in 1979 and subsequently sold for $185 million in cash to MCI Communications in 1981. MCI renamed WUI to MCI International, ceasing the use of Western Union branding. Read more at https://en.wikipedia.org/wiki/Western_Union#Western_Union_International_spin-off

Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $10.00