NEW YORK (Reuters) – New York Legal professional Normal Letitia James is investigating whether or not Capital One’s proposed takeover of Uncover Monetary Companies (NYSE:) violates the state’s antitrust legislation.
In court docket filings on Wednesday, James requested a state choose to situation a subpoena to Capital One in connection together with her probe.
She stated a merger may have a big influence in New York, with results “significantly felt by the usually weak New Yorkers with subprime credit score scores.”
