A private-equity firm's deal to buy the struggling Greater Atlantic Financial Corp. in Reston, Va., is getting more time to close.

The $219 million-asset Greater Atlantic said in a Securities and Exchange Commission filing this week that the deal to sell itself to MidAtlantic Bancorp Inc. and GAF Merger Corp. — two companies formed by the private-equity firm Comstock Partners LC to facilitate the transaction — is now set to close by Nov. 30.

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