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Discover Financial Services ( (DFS) ) has issued an announcement.
On February 18, 2025, Discover Financial Services held a special meeting where stockholders approved the proposed merger with Capital One Financial Corporation. Over 82% of Discover’s outstanding shares were represented, with more than 99.3% voting in favor of the merger. This approval marks a significant step in merging the two companies, promising enhanced service offerings across consumer, small business, and merchant sectors. The merger is set to complete in early 2025, pending regulatory approvals, further solidifying the companies’ market positions and potentially benefiting stakeholders.
More about Discover Financial Services
Discover Financial Services is a prominent digital banking and payment services company known for being one of the largest card issuers in the United States. It offers a wide range of financial products, including the Discover card, personal and home loans, and various banking services. Discover operates the Discover Global Network, which includes Discover Network, PULSE, and Diners Club International.
YTD Price Performance: 12.50%
Average Trading Volume: 1,419,001
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $49.19B
For an in-depth examination of DFS stock, go to TipRanks’ Stock Analysis page.
