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Capital One, Discover expect 3-month delay in merger completion

Summary by paymentsdive.com
Banking news

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Capital One, Discover expect 3-month delay in merger completion

Banking news

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Discover Financial Services Faces Litigation Amid Proposed Merger with Capital One

Discover Financial Services (NYSE:DFS) is currently facing three lawsuits following its Agreement and Plan of Merger with Capital One Financial Corporation. The merger, dated February 19, 2024, involves Discover merging with Capital One and Discover Bank merging with Capital One’s national bank subsidiary. The board of directors of both companies unanimously approved the merger agreement. […]

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paymentsdive.com broke the news in on Wednesday, February 12, 2025.
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