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Fly News Breaks for August 3, 2017
CAB
Aug 3, 2017 | 15:05 EDT
Elevation Securities said NY Post commentary that the Federal Reserve might wait to vote on the the deal until a new Fed Vice Chair is approved is unfounded. The firm said the Fed has been voting on bank applications all year, including transactions much larger than the sale of the credit card business from Synovus Financial Corp, as part of the deal with Bass Pro shops tie up. Elevation also completed recent checks investigating activity and sales and has increased confidence the deal will close.
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