Discover's Acquisition By Capital One: A $35 Billion Game-Changing Profit Venture

If Capital One’s $35 billion bid to acquire Discover Financial Services makes it through regulatory scrutiny, the deal promises to mint a new top credit card lender in the U.S. - and deliver higher card processing fees for the combined business. As part of the proposed deal, Discover shareholders would receive roughly one share of Capital One for each of their shares, leaving current Discover holders with 40% of the combined company, and current Capital One holders with 60%.
Emily Mason, a Forbes reporter, joins “Forbes Talks” to discuss the Capital One’s $35 billion acquisition of Discover.
0:00 Introduction
0:17 Key Details Of This Discover Case
1:01 Is This Surpassing JP Morgan In Any Way?
2:04 Will This Impact Student Loans?
2:38 What Are The Advantages To Capital One With This Deal?
5:17 Potential For Growth & Savings: What Will That Look Like?
Read the full story on Forbes: www.forbes.com/sites/emilymas...
Subscribe to FORBES: ua-cam.com/users/Forbes?s...
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
account.forbes.com/membership...
Stay Connected
Forbes newsletters: newsletters.editorial.forbes.com
Forbes on Facebook: forbes
Forbes Video on Twitter: / forbes
Forbes Video on Instagram: / forbes
More From Forbes: forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

[@DM-eo6zw]

These mega mergers are never good for the public.

[@turboZ3]

I always liked Discover, now I have a feeling I won’t anymore. :/

[@05jorgeruiz]

😢

[@xorrior4438]

No more f*ing consolidation! When are we going to learn this f*ing lesson and stop playing with fire! 😤

[@planetChristie]

It should’ve been the other way around 😂

[@94piedpiper29]

No one speaking on the mass layoffs

[@rickb3288]

Jebus ... hire a host that knows the subject matter, not someone that just reads a script off an iPad.

[@kxngdavid]

If this deal goes through, I'm closing Discover.

[@TaterNoggin]

This is one of the worst interviewers I have ever seen. Ouch.