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Capital One Financial Completes Acquisition Of Discover Financial Services

May 18, 2025 — 09:15 am EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Capital One Financial Corporation (COF) announced that it has completed its acquisition of Discover Financial Services.

In February 2024, Capital One Financial Corp. agreed to acquire Discover Financial Services (DFS) in an all-stock transaction valued at $35.3 billion.

The acquisition was approved by the Board of Governors of the Federal Reserve System and the Office of the Comptroller of the Currency on April 18, 2025, and by the Delaware State Bank Commissioner on December 18, 2024. Stockholders of Capital One and Discover voted in favor of the deal on February 18, 2025.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
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