Capital One to acquire Discover, bolstering credit card market power
Capitol One announced Monday that it will acquire Discover Financial Services in an all-stock deal that is expected to strengthen the bank’s position in the credit card market. Discover shareholders will receive just over 1 Capitol One share (1.0192) for every Discover share they own, which is about a 27% premium based on Discover’s closing […]
Report: Capital One To Acquire Discover Financial Services
The logo of consumer finance company Capital One Financial Corp. is seen at its corporate headquarters in McLean, Virginia, on January 20, 2023. The company reportedly cut up to 1,100 technical jobs this week as its digital structure matures. (Photo by Wynn McNamee/Getty Images) OAN’s James Myers2:05 PM – Monday, February 19, 2024 Credit card […]
Capital One to acquire Discover Financial: report
Julia Coronado, founder and president of MacroPolicy Perspectives, talks on Making Money about whether a new local banking crisis is on the horizon. Warren Buffett-backed consumer bank and credit card issuer Capital One is acquiring credit card lender Discover Financial Services, The Wall Street Journal reported, citing people familiar with the matter. The company plans […]
Orioles acquire Cy Young Award winner Corbin Burnes in wake of sale of team
The Baltimore Orioles are still going strong after winning 101 games and posting 10-digit sales last season. The O’s announced Thursday that they have acquired 2021 National League Cy Young Award winner Corbin Burnes from the Milwaukee Brewers in a trade. Barnes has been one of the best pitchers in the game for many years. […]
Canucks acquire Elias Lindholm in trade with Flames
The NHL trade deadline is more than a month away, but that didn’t stop two Western Conference teams from making big deals Wednesday night. Forward Elias Lindholm has been traded to the Canucks from the Flames in exchange for a 2024 first-round pick, Hunter Buzstevic, Joni Jurmo and a conditional 2024 fourth-round pick, the team […]
Pacers acquire All-Star Pascal Siakam from Raptors: reports
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