Capital One Financial services has completed its acquisition of former credit card rival Discover Financial Service, the companies announced on Sunday.
May 18 Capital One Financial services has completed its acquisition of former credit card rival Discover Financial Service, the companies announced on Sunday.
Capital One announced its intentions to acquire Discover in February 2024, stockholders of both companies voting in favor of the $35 billion deal a year later and federal regulators approving it in April.
“This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences to consumers, businesses, and merchants”, Capital One CEO and founder Richard D.
