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September 7, 2017
SIDNEY, Neb. (AP) — The roughly $4 billion sale of outdoor outfitter Cabela's to rival Bass Pro Shops appears ready to close after regulators approved the sale of Cabela's credit card unit.
The Federal Reserve said Wednesday it approved the sale of the credit card business to the Georgia-based bank Synovus, which will keep $1.2 billion in deposits but resell the business to Capital One.
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