Capital One and Discover Shareholders Approve $35 Billion Merger

Reported 2 days ago

Shareholders from Capital One and Discover have overwhelmingly approved a $35 billion merger, with more than 99% voting in favor. This acquisition, pending approval from federal regulators and amidst some legal challenges, is anticipated to be finalized by mid-May, despite consumer advocates' concerns that it could reduce competition and increase credit card prices.

Source: YAHOO

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