menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Startup News

>

DOJ Report...
source image

Pymnts

3d

read

224

img
dot

Image Credit: Pymnts

DOJ Reportedly Closer to Approving Capital One/Discover Merger

  • The Justice Department is reportedly closer to approving Capital One's purchase of Discover.
  • The review has been focused on how the merger would impact consumers with no credit history.
  • The DOJ has concluded it may not have a strong case to block the merger based on concerns about the subprime sector.
  • The deal is expected to create a global payments platform and is pending approval from the Federal Reserve and other closing conditions.

Read Full Article

like

13 Likes

For uninterrupted reading, download the app