COF Stock Recent News
COF LATEST HEADLINES
The Capital One (COF) and Discover (DFS) deal is expected to close in late 2024 or early 2025. Matt Schulz discusses this $35.3B deal, as well as his book “Ask Questions, Save Money, Make More: How to Take Control of Your Financial Life.
Capital One has agreed to acquire Discover in an all-stock deal. The combined business would be a full-service bank with some 400 million credit card customers.
Capital One (COF) has reportedly agreed to buy Discover (DFS) in an all-stock deal worth $35.3 billion.
Capital One (COF) is set to acquire Discover Financial Services (DFS) in a deal valued at approximately $35.3 billion. Yahoo Finance Live breaks down the details of this acquisition and Capital One's aim to standout among credit card competitors, noting Warren Buffett's stake in the bank.
Capital One announced plans to purchase Discover Financial for $35 billion, allowing it to compete with rival credit card giants.
In a move that will reshape the credit card industry, Capital One (COF) signs a deal to buy Discover Financial (DFS). The deal unlocks significant synergies and will be accretive to earnings.
The Capital One-Discover merger represents a strategic endeavor to create a formidable player in the global payments landscape.
In what is sure to be one of the most high-profile mergers this year, Capital One Financial Corporation has announced it intends to buy Discover Financial Services for $35.3 billion. One of the aims of the proposed merger is to strengthen the two companies to better compete against the largest credit card issuers and payment companies.
Two of the US's largest credit card companies are set to merge in a deal to create a giant financial powerhouse worth around US$35bn. Capital One has offered to buy Discover Financial Services (NYSE:DFS) in an all-share transaction to form the sixth-largest US bank by assets and a rival to JPMorgan Chase and Citigroup.
Shares of Discover Financial rose 11% before the bell on Tuesday, after consumer bank Capital One Financial said it would buy the credit lender in an all-stock transaction valued at $35.3 billion.