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Capital One Acquiring Discover Financial Services

Capital One is set to acquire Discover Financial Services in an all-stock deal, according to The Wall Street Journal. Discover's shares are down while Capital One's shares are up. The deal aims to keep the Discover brand intact.

by Terry Bingman
Tue, Feb 20, 2024 3:21am
in Business
• 2 mins read
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Capital One Acquiring Discover Financial Services | FinOracle

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Capital One to Acquire Discover Financial Services in All-Stock Deal

Market cap valuation and enhanced credit card offerings drive merger

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