From Yahoo Finance: 2025-05-18 13:42:00

Capital One Financial Corporation (COF) has completed the acquisition of Discover Financial Services for $35.3 billion, making it the sixth-largest bank in the U.S. by asset size. The deal, approved by stockholders of both companies, also expanded COF’s Board of Directors with three former Discover members.

Customer accounts and banking relationships remain unchanged following Capital One Financial Corporation’s acquisition of Discover. The company has also increased its Board of Directors and is now the sixth-largest bank in the U.S. by asset size. Stockholders of both companies approved the deal, solidifying the acquisition.

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Read more: Capital One Financial Corporation (COF) Completes $35.3B Acquisition of Discover