0 Discover After $500 Million Through Stock Sale
Since there weren't any huge financial stories today (and let's be honest - that's probably a good thing considering recent trends), here's what might at least be classified as an interesting matter instead: Discover Financial Services intends to raise $500 million by selling new shares.
Specifics were a little hard to come by. Alistair Barr writes, "Discover said the $500 million from the common-stock sale will be used for 'general corporate purposes.' That could include pumping capital into Discover Bank, a ...
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