The Sluce

BofA May Renegotiate CFC Purchase

First of all, BofA never said that it "likely" wouldn't take on any of CFCs debt but that they just hadn't made a decision on what they were going to do. Secondly, BofA came out yesterday (5/5/08) and reiterated that they are indeed going through with the CFC purchase as planned. Granted the 3rd quarter is a long way away but this deal looks fairly solid.