Capital One, Discover fall on reports of DOJ antitrust concerns
Merger anticipated to close this year
Capital One Financial Corp. and Discover Financial Services shares fell after a report that staff at the US Department of Justice had concerns about their $35 billion merger. Discover slid as much as 12.5%, the most since July 2023, while Capital One shares dropped as much as 7%. Traders attributed the decline to a report […]
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