"JPMorgan's Pursuit of Discover: A Potential Game-Changer Before Capital One's $35B Merger"
TL;DR
JPMorgan had been pursuing a potential deal with Discover before Capital One made a $35 billion offer to acquire the company. JPMorgan's interest in Discover indicates the bank's ambition to expand its consumer banking business, while Capital One's bid reflects the growing competition in the banking industry for acquiring established players.
- JPMorgan pursued Discover deal before Capital One's $35bn offer Financial Times
- Capital One is merging with Discover: Here's what it means for you Fortune
- Capital One and Discover merger ‘dangerous’, consumer groups tell Fed The Guardian
- JPMorgan pursued Discover Financial before Capital One's $35B deal - FT Seeking Alpha
- Report: JPMorgan Considered 'Company-Changing' Discover Deal PYMNTS.com
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