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financial merger

$35B Capital One-Discover merger closes
Jun 29, 2025

$35B Capital One-Discover merger closes

McLean-based Capital One Financial completed its $35.3 billion acquisition of Discover Financial Services in May, finalizing the merger of the credit card giants announced last year. On April 18, Capital One received approval from the Federal Reserve and the Office of the Comptroller of the Currency to purchase Illinois-based Discover. The deal was announced in […]

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