Capital One Closes Discover Deal

Capital One and Discover’s huge merger 'completed' - what it means

CAPITAL One and Discover’s huge merger is finally complete – but what does it mean for credit card holders and their points? The highly anticipated deal was approved on Friday, over a year after it was originally proposed. GettyCapital One has completed its acquisition of Discover[/caption] GettyCapital One and Discover revealed that their customers will ‘not need to take any action’ following the acquisition[/caption] Customers with accounts or…

Stocks claw back earlier losses, and Capital One rises after Discover deal closes

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Capital One closes Discover deal

Completion of the combination results in the richest banking deal of the past six years and creates the nation’s largest credit card issuer.