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Capital One spends $63M on integration of Discover

Acquisition could add 100M customers

Courtney BlackannbyCourtney Blackann
October 25, 2024
in Banking
Reading Time: 4 mins read
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Capital One invested heavily in integrating Discover Financial Services in the third quarter as it prepares to acquire the company, providing the transaction is approved by the Federal Reserve.  The deal is expected to be finalized in early 2025 if it lands regulatory and shareholder approval, Richard Fairbank, chairman and chief executive at Capital One, […]

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Tags: Capital OneDiscoverearningsmergers and acquisitions (M&A)Premium
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