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acquisitionAnnounced · Mar 11, 2026Financial ServicesSource · CredibleArticle · Factual
Capital One acquires Discover
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$35.3B
Target
Discover
NYSE: DFS · Riverwoods, Illinois
Acquirer
Capital One
Merger
Status
Completed
Capital One agreed to acquire Discover. Reported deal value: $35.3B. Status: Completed. Sector: Financial Services. Target headquarters context: Riverwoods, Illinois, United States.
This page summarizes publicly available information about the transaction as of 2026-03-11. Figures and status may change as filings and press coverage update.
Capital One Financial Corp ( NYSE: COF ) has signaled a definitive victory in its ambitious pursuit of Discover Financial Services , reporting strong operating results that validate the strategic merit of the $35.3 billion merger
Deal timeline
Announced
Mar 11, 2026 · markets.financialcontent.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Financial Services with a reported deal value of $35.3B. Figures and status may change as sources update.
Sources: markets.financialcontent.com · Primary article · FireStrike proprietary index