Page 2 - Discover Network News Today

Find the latest Discover Financial Services (DFS) stock forecast based on top analyst's estimates, plus more investing and trading data from Yahoo Finance

NEW YORK/WASHINGTON (Reuters) -Warren Buffett-backed U.S. consumer bank Capital One plans to acquire U.S. credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 billion to create a global payments giant, the companies said on Monday. The deal, which is expected to receive intense antitrust scrutiny, would also form the sixth-largest U.S. bank by assets and a U.S. credit card behemoth that would compete with rivals JPMorgan Chase and Citigroup. While Discover...

Two of the leading credit card companies are joining forces, and it looks like a solid match.

 Under the terms of the agreement, Discover shareholders will receive 1.0192 Capital One shares for each Discover share, representing a premium of 26.6% based on Discovers closing price of $110.49...

A megadeal in the banking sector could threaten the status quo in payment processing.

Capital One is acquiring Discover in a deal valued around $35 billion, the companies announced Monday.

A mega-merger will marry two of the largest credit card companies in the United States.

The banking company is hoping to acquire Discover for billions and combine into one large banking/credit card business

Ahead of The Big Game kickoff on Sunday February 11 Discover will unveil a new commercial from the Especially for Everyone brand campaign starring awardwinning actress Jennifer Coolidge.

Ahead of The Big Game kick-off on Sunday, February 11, Discover will unveil a new commercial from the “Especially for Everyone” brand campaign starring award-winning actress Jennifer Coolidge. In...