Capital One's acquisition has $1.4 billion breakup fee if rival bid emerges, but none if regulators kill deal

Capital One's blockbuster takeover proposal for Discover Financial includes a $1.38 billion breakup fee if Discover decides to go with another buyer, but no such fee if U.S. regulators kill the deal, people with knowledge of the matter told CNBC.Capital One said late Monday it had an agreement to purchase rival credit card player Discover in an all-stock transaction valued at$35.3 billion.While Discover can't actively solicit alternative offers, it can entertain proposals from other deep-pocketed bidders b ...