New payment giant

Investors had some time off from the stock market on Presidents’ Day, but that couldn’t stop some mega deals from turning it into Merger Monday. Capital One (COF) agreed to acquire Discover Financial Services (DFS) in a stock-based transaction valued at $35.3B, creating a new financial giant that will better compete with the likes of Visa (V) and Mastercard (MA).…

This data comes from the ChinaPulse.com media intelligence and smart news insights monitoring platform.