Analysts predict the deal could drive value for shareholders...
Analysts predict the deal could drive value for shareholders by increasing Discover's payments platform scale and reducing reinvestment risk. However, Capital One's stock may trade lower due to regulatory scrutiny and a long earnback period. The deal could also pose risk to Visa and Mastercard, as Capital One could steer card volumes to Discover to save on fees.
Discover Shares Jump 11% as Company Agrees to be Bought by Capital One
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
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