Capital One (COF) has agreed to amass Uncover Monetary Companies (DFS) in an all-stock transaction valued at over $35 billion. The deal goals to strengthen Capital One’s place within the aggressive bank card trade. Nevertheless, the potential merger nonetheless requires regulatory approval earlier than it may be finalized.
Yahoo Finance’s Rachelle Akuffo and Akiko Fujita break down the main points.
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Editor’s observe: This text was written by Angel Smith
