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Capital One and Discover Stockholders Approve Capital One's Proposed Acquisition of Discover

1. Capital One's acquisition of Discover approved by over 99.8% of its shareholders.

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FAQ

Why Bullish?

The strong shareholder support indicates confidence in Capital One's growth strategy, similar to past successful acquisitions.

How important is it?

The approval of this acquisition is a significant milestone, likely to impact Capital One's share performance significantly.

Why Long Term?

The acquisition is expected to enhance Capital One's market position over time, as seen in previous acquisitions that led to sustained growth.

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DFS
MCLEAN, Va.--(BUSINESS WIRE)--Capital One Financial Corporation (NYSE: COF) and Discover Financial Services (NYSE: DFS) today announced that each company's respective stockholders have voted to approve Capital One's previously announced acquisition of Discover at each company's Special Meeting of Stockholders (the “Special Meeting”). Special Meeting Stockholder Vote Results Capital One: More than 99.8% of the Capital One shares voted at the Capital One Special Meeting were voted in favor of the.

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