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Everything you need to know about Capital One’s $35 billion takeover of Discover Financial

Capital One Financial Corp., the U.S. lender backed by Warren Buffett, is set to buy Discover Financial Services in a $35 billion deal. (Dreamstime/TNS)
Capital One Financial Corp., the U.S. lender backed by Warren Buffett, is set to buy Discover Financial Services in a $35 billion deal. (Dreamstime/TNS)
UPDATED:

The deal will bring together two of the biggest credit card firms and allow them to compete with other Wall Street behemoths.

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