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3am EST , but technically it was still April in California 🤣

@SirCryptomind Wow that was close.

@FedorBeets Haha, good thing I clarified the timezone

@jack I had a feeling it was coming for sure. As soon as Bitcoin dropped $1k between 8-9pm EST I figured a deal was done and would be announced before midnight EST.

I would think since Asian markets (mostly) and European markets (mostly) are closed today that gave them a bit less urgency to wrap it up by midnight EST since it wouldn't effect those markets in a harsh way hence the very early morning takeover.

GGs to those that said NO 👍

https://www.reuters.com/markets/deals/first-republic-auction-underway-with-deal-seen-by-sunday-sources-2023-04-29/

@JimAusman https://www.reuters.com/business/finance/pnc-jpm-putting-final-bids-first-republic-fdic-auction-sources-2023-04-30/

Seems quite important that the close date is 11:59 PM May 1. was that intentional? That gives a full 24 hours in May when the title and description say “in April”.

@jack

@DylanSlagh the resolution criteria deadline is end of April. I added a clarification that it's eastern time. (Close date was just set by manifold and isn't the actual deadline)