MCLEAN, Va.–(BUSINESS WIRE)–Capital One Financial Corporation (NYSE: COF) today announced that it has completed its acquisition of Discover Financial Services. "This deal brings together two innovative, mission-driven companies that together are poised to deliver breakthrough products and experiences to consumers, businesses, and merchants," said Richard D. Fairbank, Founder and CEO of Capital One. "I am particularly grateful for the leadership and partnership of Discover's Board of Directors, its Executive Management Committee, and interim CEO Michael Shepherd. Their advocacy for Discover and its customers, and our shared commitment to a successful closing were instrumental in achieving today's milestone. Through the efforts of thousands of associates across Capital One and Discover, we are well-positioned to continue our quest to change banking for good for millions of customers," added Fairbank. Capital One announced on February 19, 2024, that it had entered into a definitive agreement to acquire Discover.