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Capital One/Uncover: What’s In Their Pockets For You?

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If two of the nation’s largest bank card issuing banks merge, will the mix create a behemoth that limits shopper alternative and pushes up card charges? Will it profit the general public or simply the brand new financial institution? 

These are among the many issues of critics of Capital One’s $35.3 billion deliberate acquisition of Uncover Financial institution, a deal that has continued to face appreciable headwinds because it was introduced final month.

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