Capital One receives all regulatory approvals for Discover acquisition; closing May 18

CAPITAL ONE FINANCIAL CORP

OCC and Federal Reserve approved the deal; all required regulatory approvals obtained.
Transaction expected to close on May 18, 2025, subject to customary conditions.
Shareholders of both companies approved with >99% votes in February 2025.
No immediate changes to customer accounts; integration information will be provided later.
Capital One will implement $265B Community Benefits Plan upon closing.

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