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Capital One to buy Discover Financial in $35B stock deal

reuters.com

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Re: Capital One to buy Discover Financial in $35B stock deal

#5

> The deal, which is expected to receive intense antitrust scrutiny, So... it is highly possible/more than likely it will not go through?

One can hope. The novus network attempts to provide a semblance of competition to AMEX, Visa and Mastercard in the US.

Re: Capital One to buy Discover Financial in $35B stock deal

#8

> The deal, which is expected to receive intense antitrust scrutiny, So... it is highly possible/more than likely it will not go through?

basically deal goes thru is p(republican admin takes over) + p(win in court) + p(settlement deal of some sort).

Re: Capital One to buy Discover Financial in $35B stock deal

#9
post #5

> The deal, which is expected to receive intense antitrust scrutiny, So... it is highly possible/more than likely it will not go through?

One can hope. The novus network attempts to provide a semblance of competition to AMEX, Visa and Mastercard in the US.

Do North American consumers/merchants pay less in processing fees overall than European/Asian counterparts or is it roughly 1-3% all over the world?
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