Merger arbitrageurs overplayed their Trump card. Hedge funds that bet on pending deals rapidly narrowed the gap between Discover Financial Services’ share price and the value of a $35 billion takeover ...

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

Four associations warned that Capital One’s acquisition of Discover would reduce the bank’s motivation to offer competitive ...

The department, during the Biden administration, initially said it had concerns about the merger of two of the largest credit ...

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 ...

Capital One Financial Corp got the greenlight from the Justice Department for its proposed $35 billion acquisition of ...

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