{"id":87395,"date":"2024-02-20T00:20:08","date_gmt":"2024-02-20T05:20:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87395"},"modified":"2024-02-19T23:49:57","modified_gmt":"2024-02-20T04:49:57","slug":"capital-one-to-acquire-discover-financial-services-in-35-3-billion-all-stock-deal","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2024\/capital-one-to-acquire-discover-financial-services-in-35-3-billion-all-stock-deal.html","title":{"rendered":"Capital One to acquire Discover Financial Services in $35.3 billion all-stock deal"},"content":{"rendered":"\n<p>(CNBC) Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover\u2019s Friday closing price of $110.49. The companies said they expect the deal to close in late 2024 or early 2025, after which Capital One shareholders would hold 60% and Discover shareholders would own 40% of the combined company.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/02\/19\/capital-one-acquiring-discover-financial-services-report-says.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Under the agreement, Discover shareholders would receive 1.0192 Capital One shares for each Discover share or about a 26% premium from Discover\u2019s Friday closing price of $110.49. The companies said they expect the deal to close in late 2024 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87395","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87395"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87395\/revisions"}],"predecessor-version":[{"id":87396,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87395\/revisions\/87396"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}