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Capital One to buy Discover Financial in $35.3 bln all-stock deal

NEW YORK/WASHINGTON — Capital One, the U.S. consumer finance company backed by Warren Buffett, said Monday it will acquire credit card issuer Discover Financial Services in an all-stock deal worth $35.3 billion. The partnership, which combines two of the largest U.S. credit card companies, is aimed at creating “a payments network that can compete with […]