Cap One’s integration costs for Discover deal hit $344M
Bank spent nearly 12% of $2.8B estimated acquisition costs so far
Capital One has spent $344 million on integration costs for its acquisition of Discover, including $110 million in the first quarter, and expects the deal to close next month. “We received regulatory approval for our acquisition of Discover, and we’re fully mobilized to complete the transaction on May 18,” Chairman and Chief Executive Richard Fairbank […]
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