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The merger of two of the biggest credit card companies is moving forward after federal regulators approved Capitol One’s $35 ...
A $35 billion merger between Capital One and Discover that would make Capital ... officials it did not find reasons to block the deal, paving the way for a potentially historic shakeup of the ...
A spokesman for Capital One also declined to comment on the review process, but said in a statement that the deal “complies with the Bank Merger Act’s legal requirements, and we remain well ...
Capital One Financial's (COF) plans to buy Discover Financial Services (DFS) doesn't raise enough concerns about competition to prompt the Justice Department to block the deal, The New York ...
The deal still needs to receive regulatory approval, so it will likely be a while before Capital One and Discover customers see any changes to their accounts. While it’s too soon to say what ...
"Our deal with Discover Financial complies with the Bank Merger Act's legal requirements and we remain well-positioned to gain approval," a Capital One spokesperson told Reuters, but the company ...
Capital One Financial (NYSE:COF) stock was rising after BTIG upgraded the credit card and auto lender on Discover Financial (DFS) deal prospects. The stock was up 1.18% Tuesday pre-market to ...
Additionally, he will be eligible for a $2.4 million bonus if the Capital One deal closes on or before June 30, according to a filing with the U.S. Securities & Exchange Commission. Chicago sees ...
Capital One announced a $35.3 billion deal to acquire Discover Financial in February 2024. While the acquisition is approved by shareholders of both companies, it is facing regulatory hurdles.
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