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Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey

Business

Business & Economics

Capital One Financial Corporation (COF) Completes $35.3B Acquisition of Discover

Insider Trading & Hedge Fund Data, and Investment Newsletter From Insider Monkey
Summary
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77% Informative

Capital One Financial Corporation ( NYSE : COF ) has announced that it has completed the acquisition of Discover Financial Services for $35.3 billion .

The company entered into a definitive agreement to acquire Discover on February 19, 2024 , which received approval from the Board of Governors of the Federal Reserve System in April this year .

All customer accounts and banking relationships remain unchanged at this point.

VR Score

76

Informative language

75

Neutral language

20

Article tone

formal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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