Capital One’s $35.3 billion purchase faces two remaining federal approvals — and plenty of critics who expect consumers will ...

Capital One (NYSE:COF) has been steadily expanding its presence in the banking industry, aiming to compete more directly with ...

The merger, announced last year, would mark the establishment of the largest U.S. credit card company by balances if it goes ...

On April 3, 2025, the U.S. Department of Justice (DOJ) announced it would not block Capital One’s ($COF) $35 billion ...

"Capital One’s Discover acquisition gains approval from Justice Department" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this ...

A spokesman for Capital One said Friday in an email that the deal “complies with the Bank Merger Act’s legal requirements and we remain well-positioned to gain approval.” The DOJ and ...

The Department of Justice (DoJ) has given green light to a $35 billion merger between Capital One Finance Group and Discover ...

The Dept. of Justice has determined that the Capital One's (COF) $35 billion planned purchase of Discover Financials (DFS) ...

Unveiled in February 2024, the deal would create the biggest U.S. credit card issuer by balances, the sixth-largest bank by assets, and would also give Capital One control of Discover's card payment ...

It's increasingly likely that Capital One's proposed $35 billion acquisition of Discover will go through, creating the nation's largest credit card lender.

Merger Timeline Gets Clearer The merger still needs approval ... that the DOJ has stepped aside, those approvals are looking more likely. If everything goes as planned, Capital One expects the ...