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Capital One acquiring Discover Financial Services, report says
COFCapital One(COF) CNBC·2024-02-19 17:32

Capital One Financial is set to acquire Discover Financial Services, according to a report from The Wall Street Journal. The deal could be announced Tuesday, the outlet said, citing sources.The merger of the two companies, who are among the largest credit card issuers in the U.S., would expand Capital One's credit-card offerings. The news comes on the back of a Bloomberg News report on Monday that Capital One was considering an acquisition.Shares of Discover are down 1.7% lower for the year, putting the com ...