The deal continues both Wachtell and Sullivan & Cromwell's dominance in financial institution M&A matters.
February 20, 2024 at 05:33 PM
7 minute read
Deal activity continues to tick up in 2024, with Capital One’s merger of Discover Financial Services for $35.3 billion becoming the largest M&A deal so far this year.
Wachtell, Lipton, Rosen & Katz represented Capital One, with outgoing firm co-chair Ed Herlihy leading the deal team there. Sullivan & Cromwell advised Discover, with senior firm chair Rodge Cohen at the helm. Full deal teams are below.
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