Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.

When the bankers and lawyers for Capital One and Discover were locked in tense negotiations in February over the timing for the merger of their companies, political factors loomed.

Move too quickly, three people involved in those discussions recalled, and the Biden administration could try to scuttle a tie-up that would make executives on both sides rich. Wait longer, and former President Donald J. Trump might return to office and be more amenable. The companies agreed to aim for a Dec. 31 deal completion — a date between the election and the inauguration.

Eight months later, advisers to the bank and credit card company have decided that the best time to get the deal done might be the present, said the three people, who asked for anonymity because of regulatory rules about speaking publicly.

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