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re: Capital One closing downtown branch in old Hibernia Bank building in NOLA
Posted on 2/20/24 at 4:34 pm to Ten Bears
Posted on 2/20/24 at 4:34 pm to Ten Bears
quote:
Have to pay $35 B for buying Discover somehow
They still have 7 years to the lease the space.
They may not be using it, but they are still paying for it for the next 7 years unless someone buys the lease.
Also, the Discover deal is a stock merger deal. Shareholders of Discover and Capital One will become Shareholders of a new company Discover One, Capital Discover, or my favorite Crapital One.
This post was edited on 2/20/24 at 4:40 pm
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