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Capital One Expects Discover Acquisition to Close May 18 After Gaining Approvals
COFCapital One(COF) PYMNTS.com·2025-04-19 02:44

Capital One and Discover Financial Services said Friday (April 18) that they have received all required regulatory approvals to complete Capital One’s proposed acquisition of Discover.With approvals announced Friday by the Federal Reserve Board and the Office of the Comptroller of the Currency (OCC), the companies now expect the transaction to close May 18, subject to customary closing conditions, they said in a Friday press release.“This is an exciting moment for Capital One and Discover,” Capital One foun ...