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Capital One to buy Discover Financial in $35.3-B all-stock deal

By Inquirer - 9 months ago
NEW YORK/WASHINGTON  —Capital One, a U.S. consumer lender backed by Warren Buffett, said on Monday that it will acquire credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 billion. The tie-up, which will combine two of the largest U.S. credit card companies, aims at building “a payments network that can compete

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