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Capital One Considers Acquisition of Discover Financial

1 min read
Source: Business Insider
Capital One Considers Acquisition of Discover Financial
Photo: Business Insider
TL;DR

Capital One is reportedly preparing to acquire Discover Financial Services, potentially merging two of the largest credit-card issuers in the US. The deal, which could be announced as soon as Tuesday, is not yet certain or final, and details are not available. Discover has faced challenges, including compliance lapses leading to the resignation of its CEO, while Capital One serves over 100 million customers. If the acquisition goes through, it could signal a rebound in mergers and acquisitions after a 10-year low in global M&A activity.

Topics:businessfinance#acquisition#capital-one#credit-cards#discover-financial-services#finance#mergers-and-acquisitions
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  1. Capital One set to acquire Discover: WSJ  Business Insider
  2. Capital One Weighs Acquisition of Discover Financial (COF, DFS)  Bloomberg
  3. Capital One Could Buy Discover In Major Credit Card Merger  Forbes
  4. Capital One evaluating acquisition of Discover Financial - reports (NYSE:DFS)  Seeking Alpha
  5. Capital One, Discover Financial in merger talks - report By Investing.com  Investing.com

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