Stockholders Approve Capital One's Proposed Acquisition of Discover

Group 1 - Capital One and Discover stockholders approved the acquisition, with over 99.8% of Capital One shares and over 99.3% of Discover shares voting in favor [1][2] - The acquisition is valued at $35.3 billion and aims to create a global payments platform with 70 million merchant acceptance points across more than 200 countries and territories [3][4] - The transaction is expected to close early this year, pending customary closing conditions including regulatory approvals [2][3] Group 2 - The acquisition is seen as an opportunity to combine two successful companies with complementary capabilities to compete with major payments networks [4] - Regulatory scrutiny is present, with calls from Congress members to block the deal due to concerns over economic power concentration [5] - Integration planning is reportedly advancing well, with Capital One leading merger-related activities [5]