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

3 days ago  · Getty. Capital One announced on Monday its intention to acquire Discover® Bank in an all-stock transaction valued at $35.3 billion—set to close in late 2024 or early 2025. These institutions ...


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

1 week from now

3 days ago  · Getty. Capital One announced on Monday its intention to acquire Discover® Bank in an all-stock transaction valued at $35.3 billion—set to close in late 2024 or early 2025. These institutions ...

forbes.com

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What Does The Capital One-Discover Deal Mean For Visa And …

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Feb 26, 2024  · COF. MA. V. On Feb. 19, Capital One(NYSE: COF) announced it would acquire Discover Financial Services(NYSE: DFS) in an all-stock transaction valued at over $35 billion. …

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Two Major Credit Card Companies, Capital One And Discover ... - NPR

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Feb 20, 2024  · Two of the nation's biggest credit card companies want to join forces. Capital One has offered to buy the company behind Discover cards for more than $35 billion. And while the …

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Why Capital One’s $35 Billion Discover Takeover Will Be A ... - Forbes

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Feb 22, 2024  · If Capital One’s COF +1.2% $35 billion bid to acquire Discover Financial Services DFS +0.1% makes it through regulatory scrutiny, the deal promises to mint a new top credit …

forbes.com

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Capital One Is Buying Discover For $35 Billion In Biggest Deal So Far ...

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Feb 20, 2024  · DFS. COF. BAC. 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. Under …

yahoo.com

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This Week In Credit Card News: How The Cap One-Discover Deal …

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Feb 22, 2024  · Capital One agreed to buy Discover for more than $35 billion, a deal that marries two of the largest credit card companies in the U.S. It is a big bet on the credit card sector, …

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Capital One To Buy Discover For $35 Billion | AP News

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Feb 20, 2024  · FILE - The logo for Capital One Financial is displayed above a trading post on the floor of the New York Stock Exchange, July 30, 2019. Capital One Financial is buying Discover …

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Capital One-Discover Deal Adds Rival To Visa And Mastercard, …

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Feb 20, 2024  · The combination of Capital One and Discover would create the biggest U.S. credit card issuer with around $250 billion in card balance and a market share of 22%, according to …

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Capital One-Discover Deal Adds Rival To Visa And Mastercard, …

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Feb 20, 2024  · DFS. By Niket Nishant, Manya Saini and Carolina Mandl. (Reuters) -Capital One Financial's $35.3 billion deal for Discover Financial would create new competition for …

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Capital One Deal For Discover Could Affect What's In Your Wallet

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Feb 20, 2024  · Details of the Capital One Acquisition of Discover. Capital One is acquiring Discover in an all-stock deal that represents a premium of 26.6% over Discover's closing price …

usnews.com

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What Does The Capital One-Discover Deal Mean For Visa And …

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Feb 26, 2024  · Capital One's $35 billion deal for Discover would be one of the largest bank mergers in history. Here's what investors need to know. On Feb. 19, Capital One (COF …

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Capital One's Deal To Buy Discover For $35B 'will Shrink The ...

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Feb 20, 2024  · Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card companies as well as potentially …

fortune.com

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Why Capital One Wants Discover : The Indicator From Planet …

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Feb 21, 2024  · Capital One Financial Corporation plans to acquire Discover Financial Services in a $35 billion deal that would combine two of the largest U.S. credit card companies. Today on …

npr.org

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

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Feb 20, 2024  · 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 …

fortune.com

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Capital One-Discover Merger Could Put A Bigger Squeeze On Credit …

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Feb 21, 2024  · Both Visa and Mastercard grew their revenues by 11% and 12.5%, respectively, between late 2022 and the end of last year thanks to strong consumer spending. The four …

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Capital One Will Buy Discover For $35 Billion In A Deal To ... - Quartz

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Feb 20, 2024  · NEW YORK — Capital One Financial said it will buy Discover Financial Services for $35 billion, in a deal that would bring together two of the nation’s credit card companies as …

qz.com

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What Consumers Need To Know About The Capital One-Discover …

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Feb 21, 2024  · Capital One agreed to buy Discover Financial Services DFS 0.88% for more than $35 billion, a deal that marries two of the largest credit-card companies in the U.S. It is a big …

wsj.com

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What Does The Capital One-Discover Deal Mean For You? - Yahoo …

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Feb 20, 2024  · COF. Capital One Financial Corp. announced Monday that it had reached an agreement to acquire Discover Financial Services for $35.3 billion, instantly creating a …

yahoo.com

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Discover Jennifer Coolidge Ads Ahead Of Capital One Acquisition

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4 days ago  · There are 71.5 million Discover credit cards in circulation around the world, accounting for 2% of all credit cards in use, according to the report, which found that Discover …

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Capital One Savor Student Cash Rewards Credit Card Review

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4 days ago  · Discover it® Student Cash Back: Capital One Quicksilver Student Cash Rewards Credit Card: Deserve® EDU Mastercard for Students: Rewards rate. Earn 5% cash back on …

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FAQs about The Capital One-Discover Deal Is Huge For Credit Cards—But Coupon?

Will Capital One buy discover for $35 billion?

Capital One to buy Discover for $35 billion in deal that combines major US credit card companies. ...

Does Capital One own Discover Financial Services?

Capital One announced it’s 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. Under the terms of the deal announced Monday evening, Discover (DFS) shareholders will receive a little over one share of Capital One ( COF) for every Discover share they own. ...

Will Capital One & discover be the biggest credit card issuer?

The Consumer Financial Protection Bureau, which last week flagged concerns over competition in the credit card market, declined to comment. The combination of Capital One and Discover would create the biggest U.S. credit card issuer with around $250 billion in card balance and a market share of 22%, according to TD Cowen analysts. ...

What is Capital One's $35 billion deal for discover?

Capital One's $35 billion deal for Discover would be one of the largest bank mergers in history. Here's what investors need to know. On Feb. 19, Capital One (COF 1.07%) announced it would acquire Discover Financial Services (DFS 0.82%) in an all-stock transaction valued at over $35 billion. ...

Will a Capital One Discover Card go away?

It's possible Capital One might issue new Discover cards highlighting its name instead of Discover's bright orange "O" logo — similar to how it issues its Visa and Mastercard credit cards. However, don't expect your card to go away. Capital One is buying a valuable asset. What if I use a Capital One Visa or Mastercard? ...

Will Capital One move its credit card portfolio to discover?

Capital One, the third-largest issuer of Visa and MasterCard credit cards in the United States, said shifting its card portfolio from those two payment giants to Discover's network would help it generate $1.2 billion in 2027. ...

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