TITLE

Discover Pays $172M for Bailout Warrant

PUB. DATE
July 2010
SOURCE
American Banker;7/9/2010, Vol. 175 Issue F326, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that the Discover Financial Services credit card company paid $172 million to buy back a warrant issued by the U.S. Treasury Department's bank bailout program, which closed out the government's stake in their network.
ACCESSION #
52034933

 

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