Capital 1-Discover Deal Faces New York Antitrust Probe

New York probing legality of Capital One-Discover merger
New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover Financial Services violates the state's antitrust law. James asked a state judge in Manhattan in court filings on Wednesday to subpoena Capital One for documents needed for her probe,
NY Antitrust Investigators Seek Subpoena in Probe of Potential Capital One-Discover Merger
Attorney General Letitia James' office said its antitrust bureau is confidentially investigating the proposed transaction's effects on competition under New York's Donnelly Act.
Capital One-Discover Deal Faces New York Antitrust Probe
Capital One Financial Corp.’s proposed $35 billion acquisition of Discover Financial Services is being investigated by New York Attorney General Letitia James, who said the deal would have “significant impact” on consumers in the state.
NY AG adds to scrutiny of Capital One-Discover deal
New York Attorney General Letitia James is probing the proposed acquisition’s effects on competition, arguing “often vulnerable New Yorkers with subprime credit scores” could see impact.
Capital One, Discover deal being probed by New York AG, Bloomberg says
Capital One’s (COF) proposed acquisition of Discover (DFS) is being investigated by New York Attorney General Letitia James, Erik Larson
New York probing whether Capital One-Discover merger violates antitrust law
New York Attorney General Letitia James is investigating whether Capital One's proposed takeover of Discover Financial Services violates the state's antitrust law. In court filings on Wednesday, James asked a state judge to issue a subpoena to Capital One in connection with her probe.
Capital One deal for Discover remains on track despite new hurdles, CEO says
Capital One CEO Richard Fairbank said the company is still on track to close its $35.3 billion acquisition of Discover early next year even as it navigates fresh regulatory and political hurdles.
New York AG probing Capital One purchase of Discover, Bloomberg says
EDT New York AG probing Capital One (COF) purchase of Discover (DFS), Bloomberg says Published first on TheFly – the ultimate
Discover Financial ticks lower on report Capital One deal probed by New York AG
Discover Financial (NYSE:DFS) quickly ticked down 0.6% after a report that the New York attorney general is probing its planned $35 billion sale to Capital One (COF). Capital One also edged lower by 0.
American Banker1d
Capital One acknowledges Discover merger won't close this year
The credit card heavyweight outpaced analysts' profitability expectations in the third quarter, but its pending acquisition ...
Companies wrestle with when to merge as they assess Harris and Trump
Companies are in the dark about how exactly antitrust enforcement would shift under a new administration, upending merger ...
Reuters3d
Mergers & Acquisitions
New York probing legality of Capital One-Discover merger New York Attorney General Letitia James is investigating whether Capital One's proposed $35.3 billion takeover of Discover ...
The Saratogian24d
More than 20 charged in Capital Region drug trafficking bust
CAPITAL REGION, N.Y. — State Attorney General Letitia James announced the takedown of a major cocaine trafficking operation in the Capital Region responsible for selling large quantities of ...
Times Union24d
Prosecutors charge 21 in sprawling drug trafficking case
BALLSTON SPA — Nearly two dozen people have been charged in a drug trafficking conspiracy that stretched from New York City through much of the Capital ... General Letitia James' office accused ...
France's top court orders BNP Paribas to repay scam victim
France's top court ordered BNP Paribas SA on Wednesday to repay a client who fell victim to a scammer who pretended to be an ...