Discover or Capital One to pay termination fee of $1.38 billion in case deal sours By Reuters
February 22, 2024
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© Reuters. The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo
(Reuters) – Discover Financial Services (NYSE:) or Capital One Financial (NYSE:) will pay a termination fee of $1.38 billion if the merger of the firms fall through under any circumstance, a regulatory filing showed on Thursday.
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© Reuters. The logo and ticker for Capital One are displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 21, 2018. REUTERS/Brendan McDermid/File Photo
(Reuters) – Discover Financial Services (NYSE:) or Capital One Financial (NYSE:) will pay a termination fee of $1.38 billion if the merger of the firms fall through under any circumstance, a regulatory filing showed on Thursday.