Capitol One will acquire Discover Financial Services in a $35.3 billion all-stock transaction that is expected to boost the bank's standing in the credit card market, the bank announced Monday. Discover shareholders will receive just over 1 (1.0192) Capitol One shares for each Discover share they own, a nearly 27 percent premium based on Discover's closing price last Friday, Capitol One said in a statement Monday night. If the deal closes, Capitol One shareholders will own about 60 percent of the combined company and Discover shareholders will own about 40 percent, per the statement. "Our acquisition of Discover is a singular opportunity to bring together two very successful c
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