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If you're a Capital One cardholder, experts don't expect major changes right away, but if the merger goes through, your card will likely be shifted to the Discover payment network eventually. How ...
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.
Key Takeaways The Capital One-Discover merger, announced in early 2024, has been approved by the Federal Reserve Board. Although some are concerned that the merger could increase costs for ...
Capital One, a bank and credit card issuer (known for its celebrity-studded ads) wants to buy the credit card company Discover for $35 billion in stock. If the deal goes through, it would make ...
This year, Capital One plans to acquire Discover for $35.3 billion. The date and details aren't final yet, but changes for both Discover and Capital One cardholders could be on the horizon ...