BMO To Acquire Air Miles Rewards Program Following Bankruptcy Filing

BMO (TSX: BMO) has entered an arrangement to acquire the popular Air Miles Reward program from that of a subsidiary of Loyalty Ventures (NASDAQ: LYLT). The deal was announced concurrently this morning with the news that Loyalty Ventures and its subsidiaries have filed for chapter 11 bankruptcy protection in the US. BMO has agreed to … Continue reading BMO To Acquire Air Miles Rewards Program Following Bankruptcy Filing