From Yahoo Finance: 2025-04-03 13:51:00

Capital One Financial Corp received approval from the Justice Department for its acquisition of Discover Financial Services, with no competition concerns blocking the $35 billion deal to create the largest U.S. credit card issuer and give Capital One control of Discover’s payment network. The DOJ’s decision clears the way for the merger, pending reviews from the OCC and the Federal Reserve. Discover Financial has not commented on the approval.



Read more at Yahoo Finance: Capital One’s $35 billion deal for Discover clears US DOJ hurdle, NYT reports