Name: Capital One–Discover Merger: What It Means for Consumers
Uploaded: 2024-02-21T19:40:36.000Z
Description: 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.

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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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