Contact Us

Capital One Is Buying ING Direct USA

NEW YORK (AP) – Capital One Financial says it’s buying ING’s online banking unit in the U.S. for roughly $9 billion in cash and stock.

The deal calls for ING to receive $6.2 billion in cash. It will also get about 56 million shares of Capital One. They’re worth about $2.8 billion based on a share price of $50.07.

Capital One says the deal will make it the fifth-largest bank in the country.

ING Direct employs about 550 people in downtown St. Cloud.

More News from WJON

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wjon.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Sign up for an account to comment, share your thoughts, and earn points to get great prizes.

Register on AM 1240 WJON quickly by logging in with your Facebook account. It's just as secure, and no password to remember!