Capital One's $35.3 billion acquisition of Discover Financial would likely renew competition for Visa and Mastercard, which have long dominated the payment processing industry.
Senator says $35bn deal merging two of the largest US credit card firms would ‘threaten financial stability' and reduce competition

Capital One (COF)/ Discover (DFS) $35.3B Deal

02:17pm, Tuesday, 20'th Feb 2024
The Capital One (COF) and Discover (DFS) deal is expected to close in late 2024 or early 2025. Matt Schulz discusses this $35.3B deal, as well as his book “Ask Questions, Save Money, Make More: How
Capital One has agreed to acquire Discover in an all-stock deal. The combined business would be a full-service bank with some 400 million credit card customers.
Capital One (COF) has reportedly agreed to buy Discover (DFS) in an all-stock deal worth $35.3 billion.
Capital One (COF) is set to acquire Discover Financial Services (DFS) in a deal valued at approximately $35.3 billion. Yahoo Finance Live breaks down the details of this acquisition and Capital One's
Capital One announced plans to purchase Discover Financial for $35 billion, allowing it to compete with rival credit card giants.
In a move that will reshape the credit card industry, Capital One (COF) signs a deal to buy Discover Financial (DFS). The deal unlocks significant synergies and will be accretive to earnings.
The Capital One-Discover merger represents a strategic endeavor to create a formidable player in the global payments landscape.
In what is sure to be one of the most high-profile mergers this year, Capital One Financial Corporation has announced it intends to buy Discover Financial Services for $35.3 billion. One of the aims o
Two of the US's largest credit card companies are set to merge in a deal to create a giant financial powerhouse worth around US$35bn. Capital One has offered to buy Discover Financial Services (NYSE:D
Shares of Discover Financial rose 11% before the bell on Tuesday, after consumer bank Capital One Financial said it would buy the credit lender in an all-stock transaction valued at $35.3 billion.
The $35 billion all-stock deal will combine two of the nation's largest credit-card companies to create a global payments giant.

Capital One to buy Discover for $35.3 bn

02:58am, Tuesday, 20'th Feb 2024
US banking giant Capital One announced Monday it will acquire financial services company Discover in a $35.3 billion all-stock deal combining two of America's major credit card firms.
Capital One Financial Corp. intends to purchase Discover Financial Services in an all-stock deal that one analyst notes would “effectively create the largest card issuer in the U.S.”
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