GMAC Purchase of Bank of America Commercial Finance Likely to be Announced in New Year


Further to our report of 1 December 2000, it is understood that the announcement of GMAC’s intention to purchase Bank of America’s factoring operation, Bank of America Commerical Finance, has been deferred until the new year. No further information on the expected purchase has as yet been disclosed.

BCR Publishing



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Posted on Dec 20, 2000
Region: USA