A mega-deal between Capital One and Discover Financial Services could be one of the largest acquisitions of the year.
  • Capital One is readying an acquisition of Discover Financial Services, according to The Wall Street Journal.
  • The deal would merge two of the largest credit-card issuers in the US.
  • Discover is coming off a difficult year after compliance lapses led to a CEO resignation.
  • @rdyoung
    -38•9 months ago

    My thoughts are the opposite. If cap one keeps discovers network alive and cuts tx fees on it they could force Visa/MC to do the same.

    For anyone who comes across this, here is some data to chew on.

    https://lemmy.world/comment/7731863