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.
  • AwkwardLookMonkeyPuppetEnglish
    47•7 months ago

    Because that’s why companies merge and form monopolies, to lower fees and help consumers. Right? Right guys? Right?

    • @rdyoung
      -6•7 months ago

      I didn’t say it would happen just that it could. It’s actually a smart play by cap one if they are planning on it.

      You know what. Fuck this shit. I come on forums like this to have actual discussions and not just to join a circle jerk bashing whatever is being talked about.

      Does anyone know where I can find legit discussion about this stuff and not people who can’t discuss business, economics and finance so instead they just talk shit while stroking themselves off?

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

      https://lemmy.world/comment/7731863

      • AwkwardLookMonkeyPuppetEnglish
        2•7 months ago

        The investing subreddit on Reddit is pretty good for that. Although in the case of your comment, I don’t think it would find much traction, since it seems implausible.