Capital One considers acquisition of Discover Financial, source says
Capital One(COF) New York Post·2024-02-19 18:51
Capital One, an online consumer bank and credit card issuer backed by investor Warren Buffett, is considering a potential acquisition of credit card lender Discover Financial Services, a person familiar with the matter said.While the terms could not be learned, a deal could be announced as early as Tuesday, according to the source.Discover Financial has a market capitalization of $27.6 billion, while Capital One is valued at $52.2 billion, according to LSEG data.Capital One is valued at $52.2 billion, accor ...