If Capital One’s $35 billion bid to acquire Discover Financial Services makes it through regulatory scrutiny, the deal promises to mint a new top credit card lender in the U.S. – and deliver higher card processing fees for the combined business. As part of the proposed deal, Discover shareholders would receive roughly one share of Capital One for each of their shares, leaving current Discover holders with 40% of the combined company, and current Capital One holders with 60%. Emily Mason, a Forbes reporter, joins “Forbes Talks” to discuss the Capital One’s $35 billion acquisition of Discover. 0:00 Introduction 0:17 Key Details Of This Discover Case 1:01 Is This Surpassing JP Morgan In Any Way? 2:04 Will This Impact Student Loans? 2:38 What Are The Advantages To Capital One With This Deal? 5:17 Potential For Growth & Savings: What Will That Look Like? Read the full story on Forbes: https://www.forbes.com/sites/emilymason/2024/02/22/why-capital-ones-35-billion-discover-acquisition-will-be-a-game-changer/?sh=1087542646a0 Subscribe to FORBES: null Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more: https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript Stay Connected Forbes newsletters: https://newsletters.editorial.forbes.com/ Forbes on Facebook: http://fb.com/forbes Forbes Video on Twitter: http://www.twitter.com/forbes Forbes Video on Instagram: http://instagram.com/forbes More From Forbes: http://forbes.com/ Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.