Hawley urges blocking Capital One acquisition of Discover
Sen. Josh Hawley, R-Missouri, called on Jonathan Canter, assistant attorney general of the Justice Department’s Antitrust Division, to end Capital One’s planned acquisition of Discover. “This is the most disruptive corporate merger of all time. If completed, this merger will create a new behemoth in the credit card market that will take unprecedented robbery from […]
How Capital One’s acquisition of Discover could impact consumers
Portfolio Wealth Advisors President and Chief Information Officer Lee Munson talks about the expected earnings releases of major banks, the Federal Reserve’s interest rate cuts, and gives his outlook for the market this year. Following Capital One’s announcement earlier this week of its plans to acquire Discover, there are already opposing views on whether the […]
Major Credit Card Company Announces Mega Acquisition As Debt Continues To Strangle Americans
As Americans continue to struggle with credit card debt, Capital One announced Monday that it will acquire a rival financial services company in a major stock deal, according to the New York Times. The McLean, Virginia-based bank announced it would acquire Discover Financial Services in a $35.3 billion all-stock deal, The New York Times reported. […]
Capital One considers acquisition of Discover Financial, source says
Capital One, the online consumer bank and credit card issuer backed by investor Warren Buffett, is considering a possible acquisition of credit card lender Discover Financial Services, people said. . Terms have not been disclosed, but sources said the deal could be announced as early as Tuesday. Discover Financial’s market cap is $27.6 billion, compared […]
The Soros Empire Is Expanding Its Reach Into Media With Latest Radio Acquisition
Earlier this month, an investment firm founded by George Soros acquired $400 million worth of debt owed by the nation’s second-largest radio network in a ploy to acquire a stake in the media conglomerate. It’s the latest in a series of media-related moves. by an organization associated with Soros. Soros Fund Management has acquired $400 […]
Everything to know about Knicks trade acquisition Bojan Bogdanovic
Alec Burks is already familiar to Knicks fans, having previously played for the team for two seasons from 2020-22. But here’s Bojan, who was acquired along with Burks from the Pistons in a trade for Quentin Grimes, Evan Fournier, Malachi Flynn, Ryan Arcidiacono, and two second-round picks ahead of Thursday’s NBA trade deadline. There are […]
EU regulators plan to block Amazon’s $1.7B iRobot acquisition: report
The European Union's competition watchdog plans to block Amazon's $1.7 billion deal with robot vacuum cleaner maker iRobot. The Wall Street Journal reported This was disclosed on Thursday, citing a person familiar with the matter. Shares of vacuum cleaner maker Roomba plunged 40% to $14 after the bell. European Commission officials met with Amazon representatives […]
Liberal media concern-mongers about conservative businessman’s acquisition of the Baltimore Sun
David D. Smith, executive chairman of media conglomerate Sinclair Broadcast Group, has purchased the Baltimore Sun from investment firm Alden Global Capital for an undisclosed sum. Given the Republican owner's business acumen and his business acumen, the acquisition could be a big boon for Maryland's largest newspaper. pledge Trying to capitalize on that, liberals are […]