What a possible Capital One and Discover merger means for consumers
Capital One's decision to acquire Discover could establish a new megafirm that shakes up the credit card industry. The move may hold long-term implications for credit card holders, regardless of whether they bank with Capital One or shop with Discover, experts told ABC News. If approved by shareholders and regulators, the merger would leave Capital One in a stronger market position, potentially allowing the company to offer more attractive bonuses and perks, some experts said.
Source: aol.com
