Personal Finance Advice and Commentary

Tuesday, June 21, 2011 1:37 pm
By Marcie Geffner · Bankrate.com

“Attractive financial results.” “Long-term strategic value.” “Seven million young, high-income, loyal customers.” Those were the reasons, according to a company statement, why Capital One Financial Corp. agreed this week to pay $9 billion in stock and cash to buy online bank ING Direct. The purchase price will consist of $6.2 billion in cash and approximately 56