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A Discover card is used to pay for gasoline at a Sam's Club in Madison, Miss., July 1, 2021. ... given the vertical integration of Capital One’s credit card lending with Discover’s credit card ...
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 while ...
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.
Americans have become increasingly reliant on their credit cards since the pandemic. Capital One Financial announced Monday that it would buy Discover Financial Services for $35 billion. For ...
Since 2008, Discover has been the official credit-card partner of the National Hockey League. As part of this deal, Discover offers team- and league-branded credit cards as well as a 10% discount on purchases made from the NHL's online store using Discover. In 2024, actress Jennifer Coolidge starred in Discover Card's television commercials. [33]
Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover’s Friday closing price of $110.49.
A marriage between Capital One and Discover Financial Services is on the table for $35.3 billion.If finalized, it could create one of the nation's largest consumer financial institutions—and ...
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