Tag: termination fee

Capital One Financial Corp. has agreed​ to acquire Discover Financial Services for $6.9 billion, but⁣ the ⁢deal comes‍ with a hefty ‌termination fee of⁤ $1.38 billion. The‍ termination fee ⁤is a safeguard in case the deal falls through for any reason. The acquisition of ⁢Discover⁤ Financial Services by ⁣Capital One‌ is set to create a⁢…