Capital One to Buy Discover for $35 Billion in Year’s Biggest Deal

Cordell Eminent Scholar Jay Ritter shares his expertise on the Capital One Financial Corp. deal to buy Discover Financial Services. The $35 billion all-stock deal would create the largest US credit card company by loan volume, giving the combined entity a stronger foothold to compete with Wall Street’s behemoths. 

Read Ritter’s insights in this story from Bloomberg [subscription required] or MSN.