Capitol One-Discover Acquisition
Capital One's proposed purchase of the rival Discover could face some obstacles in Washington. Capital One says it wants to keep the Discover brand and introduce it to more customers. The two companies say they expect the deal to close later this year, perhaps early next year. Joining us this morning to talk more about this proposal and the possible effect on consumers we welcome to The Nine, Emmanuel Sequeira, Assistant Finance Professor at San Jose State University.