Capital One is buying Discover in a $35.3 billion deal
- Capital One is acquiring Discover Financial Services for $35.3 billion, providing a boost in the credit card market.
- Discover's smaller size in comparison to major credit card networks Visa, Mastercard, and American Express makes this acquisition significant.
- The deal would enable Capital One to compete with other credit card-issuing banks and grant access to Discover's payment processing network.
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Capital One acquires Discover: Here’s what consumers need to know
STATEN ISLAND, N.Y. -- Capital One announced Monday that it would acquire Discover Financial Services in a $35 billion all-stock transaction, a move that would merge two of the country’s largest credit card companies.
·Richmond County, United States
Read Full ArticleCapital One planea comprar Discover Financial Services en un acuerdo que uniría a dos de las mayores empresas de tarjetas de crédito de EE.UU..La operación podría anunciarse este martes, según personas relacionadas con el asunto. Discover tiene un valor de mercado de unos US$ 28.000 millones, y se espera que la adquisición la valore por encima de esa cifra.Capital One está haciendo una gran apuesta en un momento de auge en el sector de las tarje…
·Chile
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Total News Sources168
Leaning Left37Leaning Right22Center75Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 28%
C 56%
R 16%
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