Bank of Montreal N.ZOCT

New Press Release - BMO Confirms Agreement to Acquire LoyaltyOne's AIR MILES Reward Program Business

BMO's acquisition would accelerate the future growth of AIR MILES, one of Canada's largest loyalty programs A reinvigorated program would benefit all Canadians collecting AIR MILES, as well as merchants and partners across the country AIR MILES collectors benefit from rewards at more than...read article.

[bucheroncapital]

this must be a very cheap deal.  This will create value as AM has 10M collectors and the programs neeeds a major overhaul the opportunity is there for BMO ~ it sounds like a good move !