Approval Granted for $35 Billion Merger Between Capital One and Discover

Reported 2 days ago

Shareholders of Capital One and Discover have approved the $35 billion merger, with 85.1% and 81.6% of respective shares voting in favor. While the Delaware State Bank Commissioner has approved the deal, it still requires endorsements from the Federal Reserve and the Office of the Comptroller of the Currency before completion, which is anticipated early this year.

Source: YAHOO

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