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Capital One to Acquire Discover

Wednesday, February 21, 2024   (0 Comments)
Posted by: Sierra Lindemann
In a landmark move, Capital One Financial Corporation and Discover Financial Services have announced a definitive agreement for Capital One to acquire Discover in a $35.3 billion all-stock transaction. With expected significant synergies, attractive financial results and a commitment to community impact, the deal is set to close in late 2024 or early 2025, subject to regulatory approvals.

 

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