The Federal Reserve Bank will give the public more time to weigh in on KeyCorp’s proposed $4.1 billion deal for First Niagara Financial Group.
Comments will now be accepted until the end of January. The original deadline was Dec. 31.
Sen. Charles Schumer had called for the Federal Reserve to provide for a 30-day extension. He cited the broad impact of the deal as one reason to give as many people as possible an opportunity to comment, plus the fact that the Dec. 31 deadline fell during the holiday season.
Comments about the deal can be emailed to: email@example.com, or sent by traditional mail to: Federal Reserve Bank of Cleveland (Nadine Wallman, vice president), 1455 E. Sixth St., Cleveland, Ohio, 44101-2566.