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Home » Articles » Private: Capital One to acquire Discover creating a stronger rival to big 3 credit card rivals

Capital One to acquire Discover creating a stronger rival to big 3 credit card rivals

by GLO
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On February 19th, Capital One declared its intention to acquire Discover through an all-stock deal valued at $35.3 billion. Both entities are significant players in the credit card industry, with Capital One ranking as the ninth-largest bank in the United States. Although the merger might influence consumers in the future,…

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