Citigroup 's sale of the Justice Department to Springleaf Holdings may be delayed to beyond 3Q due to antitrust concerns. Springleaf had agreed in September 10th to buy OneMain for $ $4.25 billion in cash, but says it has agreed with the Justice Department not to complete the deal before March so as to give them time to finish its antitrust review.
Citigroup's sale of OneMain Financial Holdings to Springleaf Holdings may be delayed to beyond 3Q due to antitrust concerns. Springleaf had agreed in March to buy OneMain for $4.25bn in cash, but says it has agreed with the Justice Department not to complete the deal before September 10th so as to give them time to finish its antitrust review.