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...because the process started over a year ago, and just got regulatory approval last month? I'm not sure what you're expecting here. Unless that enforcement ac
by gruez 1y ago
...because the process started over a year ago, and just got regulatory approval last month? I'm not sure what you're expecting here. Unless that enforcement action specifically barred them from acquiring companies, why should they be prevented from acquiring companies? It's like asking why someone who was fined for speeding could still drive, when license suspension wasn't part of their punishment.
>Capital One announced in February 2024 that it had agreed to acquire Discover Financial in an all-stock deal worth $35.3 billion.[94]
>[...] The deal was approved by U.S. banking regulators in April 2025.[99]