Capital One Merger 2024 Timeline. The merger will create a credit card. Banking giant capital one and credit card issuer discover financial have been hit with a lawsuit claiming their proposed $35 billion merger would reduce.
In february 2024, capital one agreed to buy discover financial services for more than $35 billion, in a deal that would unite two of the largest u.s. Capital one’s acquisition of discover would make it one of the largest credit card issuers in the u.s.