Capital One agrees to buy Discover Financial for $35 billion
Tuesday, 20 February 2024, 7:50 am
American financial media outfits Bloomberg and the Wall Street Journal were clearly onto something when they began to report yesterday that lender Capital One was in talks to buy credit card firm Discover Financial.
Overnight the deal was announced, with Warren Buffett-backed Capital One agreeing to buy Discover Financial for just over $35 billion in stock. Below is a link to the press release:..