Credit: Adobe Stock/ALM Discover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles
Discover had hoped to complete its sale before Hope Mehlman exits as legal chief Nov. 27. But Capital One recently acknowledged that completing the deal this year is no longer a possibility.
November 06, 2024 at 08:25 AM
4 minute read
Financial Services and Banking
Discover on Tuesday hired a former general counsel of the U.S. Department of Commerce as interim legal chief—a move that follows Capital One acknowledging that its hope of wrapping up its $35 billion purchase of the credit card giant by year-end is no longer realistic.
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