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Capital One-Uncover deal faces antitrust probe via New York AG

Capital One-Uncover deal faces antitrust probe via New York AG
October 24, 2024



New York Legal professional Normal Letitia James is investigating Capital One Monetary Corp’s (COF) proposed acquisition of Uncover Monetary Products and services (DFS), valued at over $35 billion, over shopper issues. The state’s Legal professional Normal place of work is taking a look into whether or not the deal is violating New York’s antitrust rules.Capital One initially introduced in February 2024 that Uncover had agreed to the merger phrases whilst anticipating regulatory approval.Catalysts anchors Seana Smith and Madison Generators discover this tale.Capital One is about to record 3rd quarter income after Thursday’s marketplace shut.To observe extra knowledgeable insights and research on the newest marketplace motion, take a look at extra Catalysts right here.This put up used to be written via Luke Carberry Mogan.View feedback

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