"B&P will not have submitted until the purchase of the business had closed; only B&P can make the CFDA application."
This is a total assumption on your part, you have no idea when the application was submitted. There was no requirement for the acquisition of B&P to be finalised before the application could've been lodged.
The only fact we have is that the company has on multiple occasions stated they expect approval this month.
"B&P will not have submitted until the purchase of the business...
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