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Capital One secures a win in bid for Discover — plus, the real toll of earnings uncertainty

Summary by CNBC
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

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Capital One secures a win in bid for Discover — plus, the real toll of earnings uncertainty

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

·United States
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BloombergBloomberg
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BizTocBizToc
Lean Left

Capital One-Discover Deal Waved Ahead by DOJ Antitrust Officials

The proposed $35 billion merger between Capital One Financial Corp. and Discover Financial Services cleared a major regulatory hurdle as the US Justice Department told financial regulators in a confidential memo that it didn’t have sufficient evidence to block the transaction.

·United States
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FinnoexpertFinnoexpert

Capital One's $35 billion deal for Discover clears US DOJ hurdle, NYT reports - Finnoexpert

Capital One's $35 billion deal for Discover clears US DOJ hurdle, NYT reports Source link

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PYMNTS.comPYMNTS.com

Report: Justice Department Will Not Block Capital One Acquisition of Discover

The DOJ told financial regulators that it didn’t have sufficient evidence to block the proposed merger between Capital One and Discover.

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Bloomberg broke the news in United States on Thursday, April 3, 2025.
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