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RIVERWOODS, Ill. — Discover Financial Services stands to receive a significant payout from the resolution of some long-standing litigation with Visa and MasterCard.

Credit unions and banks that issue Visa should pay attention to the case, according to lawyers familiar with it, because if the cost of settling exceeds reserves set aside for the case, Visa has said it would raise more cash through further stock sales. Such a sale would dilute the value of the Visa stock that credit union issuers were previously given, the lawyers explained.

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