Capital One Says AML Woes May Delay Cabela’s Deal (Yesterday)
Source: BFW (Bloomberg First Word)
Tickers
COF US (Capital One Financial Corp)
CAB US (Cabela's Inc)
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UUID: 7947283
(Bloomberg) -- Capital One said in 4Q earnings call yesterday that it doesn’t expect to get regulatory approval for Cabela’s deal before Oct. 3 termination date; sees withdrawing Bank Merger Act application in “next week or so” or having application denied by OCC.
Alert: HALISTER1- Unlikely to refile application until after co. has finished work under anti-money laundering (AML) consent order
- NOTE: Dec. 30, Cabela’s Gets Second FTC Request, Sees Delay With Capital One
Source: BFW (Bloomberg First Word)
Tickers
COF US (Capital One Financial Corp)
CAB US (Cabela's Inc)
To de-activate this alert, click here
UUID: 7947283