Capital One–Discover Merger: What It Means for Consumers

Don Ma
By Don Ma
February 21, 2024NTD Good Morning

Capital One announced Monday evening that it is acquiring Discover Financial Services in a $35.3-billion all-stock deal. If approved by regulators and shareholders, Capital One’s acquisition will create the biggest U.S. credit card company by loan volume.

So what does that mean for consumers? Host of NTD Business, Don Ma, joined us in studio to explain.

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