Reported about 12 hours ago
Capital One Financial Corporation has finalized its acquisition of Discover Financial Services for $35.3 billion, following a definitive agreement made in February 2024 and subsequent approval from the Federal Reserve. Shareholders from both companies endorsed the deal, and as a result, Capital One has increased its Board of Directors and secured its position as the sixth-largest bank in the U.S. by assets, while ensuring that all customer accounts remain unchanged.
Source: YAHOO