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Capital 1-Discover Deal Faces New York Antitrust Probe
New York probing legality of Capital One-Discover merger
New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services violates the state's antitrust law. James asked a state judge in Manhattan in court filings on Wednesday to subpoena Capital One for documents needed for her probe,
Capital One-Discover Deal Faces New York Antitrust Probe
Capital One Financial Corp.’s proposed $35 billion acquisition of Discover Financial Services is being investigated by New York Attorney General Letitia James, who said the deal would have “significant impact” on consumers in the state.
Capital One-Discover deal faces new hurdles but remains on track, Fairbank says
Capital One CEO Richard Fairbank said the company is still on track to close its $35.3 billion acquisition of Discover early next year even as it navigates fresh regulatory and political hurdles.
American Banker
1d
Capital One acknowledges Discover merger won't close this year
The credit card heavyweight outpaced analysts' profitability expectations in the third quarter, but its pending acquisition ...
15h
Why Capital One Financial Rallied Today
Capital One delivered $10 billion in revenue in the quarter, up 7% year-over-year, and adjusted ( non-GAAP) earnings per ...
The San Joaquin Valley Sun
2d
Capital One’s $265bil community benefits plan is a game changer
There's plenty to like for local communities with the proposed merger of Capital One and Discover, writes Natalie Blanning.
23h
Capital One Wants to Woo the Rich Without Being Snobby About It
With the Discover merger, the bank plans to supercharge its rewards programs. It just needs regulators to sign off ...
1d
Capital One Q3 Profit Tops Projections
Capital One Financial reported robust earnings bolstered by its credit card and auto businesses, outpacing expectations.
1d
Discover it® Student Cash Back review: Rotating rewards for students
You’ll earn 5% cash back on rotating bonus categories (up to $1,500 in spending each quarter, then 1%) after you activate.
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