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    BMO Signs Deal to Buy Air Miles

      BMO Financial Group has signed a deal to acquire the Air Miles rewards program from LoyaltyOne, which has gone into bankruptcy protection. As a founding partner of the Air Miles program since 1992, BMO is well positioned to strengthen and grow Canada’s most recognized loyalty program. With nearly 10 million active collector accounts, representing approximately two-thirds of all Canadian households, Air Miles is the only loyalty program of its kind to give collectors the flexibility and choice to earn…

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