Capital One Merges with Discover for $35.3B Despite Regulatory

The financial world is bracing itself with the news of Capital One’s (COF) $35.3 billion all-stock acquisition of Discover Financial Services (DFS). Announced in February 2024, this merger …

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Capital One Merges With Discover For $35.3B Despite Regulatory

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The financial world is bracing itself with the news of Capital One’s (COF) $35.3 billion all-stock acquisition of Discover Financial Services (DFS). Announced in February 2024, this merger …

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Delaware Regulator Clears Capital One’s $35.3bn Discover Acquisition

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Dec 20, 2024 · The Office of the Delaware State Bank Commissioner has approved Capital One’s $35.3bn acquisition of digital banking and payment services company Discover Financial …

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Discover-Capital One Merger Update | Fortune

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5 days ago · The Capital One-Discover merger may bring big changes to credit card rewards, fees, and international usability. ... The $35B Discover-Capital One deal could mean higher …

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Get Ready, The Discover-Capital One Merger Could Transform The …

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5 days ago · If approved, the Capital One-Discover merger would create a whole new leader in the U.S. credit card market. Combined, the two companies hold 19% of outstanding credit card …

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The Capital One-Discover Deal Is Huge For Credit Cards—But

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4 days ago · Capital One announced on Monday its intention to acquire in an all-stock transaction valued at $35.3 billion—set to close in late 2024 or early 2025. These institutions are two of …

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Capital One’s Discover Acquisition: 5 Things To Know

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Feb 20, 2024 · Capital One’s $35.3 billion all-stock deal to purchase Discover could make it the largest credit card issuer in the country, in addition to expanding both its digital banking …

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CapOne Informs Regulators $35.3 Billion Deal With Discover Aims …

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Mar 21, 2024 · Capital One has officially filed for regulatory approval for its proposed $35.3 billion merger with Discover Financial, a development that could potentially invigorate competition …

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Discover Could Have A Moment Thanks To $35 Billion Merger With …

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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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FAQs about Capital One Merges with Discover for $35.3B Despite Regulatory Coupon?

Will Capital One & discover merge?

PROVIDENCE, R.I. (WPRI) — One of the final regulatory hurdles has been completed in merging Capital One and Discover, two of the largest credit card issuers in the country. Capital One Financial Corp. announced it received approval from the Office of the Delaware State Bank Commissioner on Wednesday to acquire Discover Financial Services. ...

What does Capital One's $35.3 billion acquisition of Discover Financial Services mean?

The financial world is bracing itself with the news of Capital One’s (COF) $35.3 billion all-stock acquisition of Discover Financial Services (DFS). Announced in February 2024, this merger aims to create the sixth-largest U.S. bank and the largest credit card issuer. But what does this mean for the market and the companies involved? ...

Will Capital One's $35.3 billion merger with Discover Financial boost competition?

By Michelle Price WASHINGTON (Reuters) -Capital One's $35.3 billion merger with Discover Financial will boost competition and be good for financial stability, the bank said in its regulatory application filed overnight, according to people familiar with the matter. ...

Did Capital One buy Discover Financial Services?

The financial world is bracing itself with the news of Capital One’s ($COF) $35.3 billion all-stock acquisition of Discover Financial Services ($DF... ...

What if Capital One-discover merger was approved?

If approved, the Capital One-Discover merger would create a whole new leader in the U.S. credit card market. Combined, the two companies hold 19% of outstanding credit card loans in the country, with an estimated market share of 22%. But the cards themselves are only half of the story. ...

Will the Capital One-discover merger have a high bar?

“The proposed merger will certainly have a high bar to clear in the current environment,” said Jamie Grischkan, an Arizona State University law professor focused on financial regulation and antimonopoly law. The OCC and the Federal Reserve are the two federal banking regulators charged with reviewing the Capital One-Discover tie-up. ...