Capital One to acquire Discover: What it means for your money
Jan 9, 2025 · On February 19, Capital One announced it would acquire Discover in an all-stock transaction worth $35.3 billion. Both companies are among the largest credit card issuers in the country...
The Capital One-Discover Deal Is Huge For Credit Cards—But
Dec 19, 2024 · Capital One announced on Monday its intention to acquire Discover® Bank in an all-stock transaction valued at $35.3 billion—set to close in late 2024 or early 2025. These institutions are two...
Capital One-Discover Merger Seems Likely Under Trump ... - U.S. News
Dec 20, 2024 · Capital One and Discover, known for their focus on the non-prime market, are aiming to merge in 2025. The Capital One-Discover merger was announced in February and still needs approval from ...
America is on the cusp of a new biggest credit card company.
Feb 20, 2024 · Capital One is making a $35 billion bet that the answer will soon be: more of its credit cards. The bank announced Monday evening it is acquiring Discover Financial Services (DFS) in a $35.3...
Capital One to buy Discover for $35 billion | AP News
Feb 20, 2024 · Capital One Financial is buying Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s biggest lenders and credit card issuers, according to a news release issued by the companies Monday, Feb. 19, 2024.
Capital One is buying Discover for $35 billion in biggest deal so ... - CNN
Feb 19, 2024 · Capital One is acquiring Discover Financial Services for $35.3 billion in an all-stock deal, giving the bank a leg up in the competitive credit card market. Under the terms of the deal...
Capital One-Discover merger could put a bigger squeeze on credit card …
Feb 21, 2024 · Capital One’s $35.3 billion deal to buy Discover is a long way from being completed. But consumer advocates and some lawmakers are already raising questions about how the proposed merger could...
Americans’ reliance on credit cards is the key to Capital One’s bid …
Feb 20, 2024 · Capital One executives said Tuesday that they would start allowing customers to use the Discover payment network shortly after the deal closes, which could happen by the end of the year. Capital One also plans to keep the Discover brand along with its cards, although the cards could be co-branded.
Americans' Reliance on Credit Cards Is the Key to Capital One's …
Feb 20, 2024 · Capital One Financial announced Monday that it would buy Discover Financial Services for $35 billion. The combination could potentially shake up the payments industry, which is largely...
Capital One to Acquire Discover, Creating a Consumer Lending …
Feb 19, 2024 · Capital One announced on Monday that it would acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, a deal that would merge two of the largest credit card...