Archive for July 2nd, 2008
Diners Club acquisition by Discover completed
Discover Financial Services said today that it has completed its $165 million acquisition of Diners Club International from Citigroup Inc.
The agreement was announced in April.
“Discover will significantly enhance its competitive position in the global payments business through this acquisition,” said David Nelms, chief executive officer of Discover, in a statement. “It provides us with [...]
