Structure for each company to pursue the most appropriate long-term growth opportunities and business strategies by allowing it to focus on its own distinct businesses, opportunities and markets. We believe that the separation of Western Union from First Data will provide a better A book-entry account statement reflecting your ownership of shares of Western Union common stock will be mailed to you, or your brokerage account will be credited for the shares on or about October 2, 2006.
Because Western Union shares will only be maintained in book-entry form, you will not receive a stock certificate representing your interest in You will not be required to pay anything for the new shares or to surrender any First Data shares. No action is required on your part to receive shares of Western The close of business on September 22, 2006, which will be the record date, will receive one share of Western Union common stock for each share of First Data common stock held. Holders of record of shares of First Data common stock as of The spin-off of Western Union is scheduled to occur on September 29, 2006. The companys Board of Directors approved the spin-off of The Western Union Company, a wholly-owned subsidiary that is a leader in the global money transfer business. I am pleased to inform you that on September 8, 2006, Preliminary Information Statement of The Western Union Company Table of Contents Index to Financial Statements
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