Apple + _ _ _ _ _ _ _ _ _ _ _ _ = "¡Disover" ???
From USA Today
Morgan Stanley to spin off Discover Card
By Michael J. Martinez, Associated Press
NEW YORK ? Morgan Stanley (MWD) is planning to spin off its Discover Card division to existing shareholders, ending speculation that the credit card unit might be sold.
The move by embattled Morgan Stanley Chairman and Chief Executive Philip Purcell and his fellow board members still could be trumped if a bidding war for Discover emerges, but analysts see it as a smart maneuver to deflate arguments raised by dissident investors.
Apple has some 5 Billion in cash? right?
Discover Card is worth about 11 Billion ? (see below)
"One thing that could throw the future into question would be if the dissident group could persuade a third party to make a hostile bid for Morgan Stanley in its entirety, Bove said. But takeovers of that sort are uncommon in the investment banking industry. On top of which, the dissident group had already called for the sale of the Discover unit, which Bove values at about $11 billion."
Just think if Apple could buy Discover Card
rebrand the name "iDiscover Apple"
the "new" credit card could offer a "cash back bonus" - i.e. spend for every 150$ you buy using your iDiscover get 6 free downloads at iTunes.com
Maybe have a Apple logo Credit Card 8)
Just picture this...... someone calls Dell to order a PC
Dell Rep: "We have a great deal on a 17" LCD right now, would you like to add one to your order for only $$$$"
John Doe "No thanks"
Dell Rep: Will this be on your Visa Master Card, or iDiscover Apple Credit Card
Morgan Stanley to spin off Discover Card
By Michael J. Martinez, Associated Press
NEW YORK ? Morgan Stanley (MWD) is planning to spin off its Discover Card division to existing shareholders, ending speculation that the credit card unit might be sold.
The move by embattled Morgan Stanley Chairman and Chief Executive Philip Purcell and his fellow board members still could be trumped if a bidding war for Discover emerges, but analysts see it as a smart maneuver to deflate arguments raised by dissident investors.
Apple has some 5 Billion in cash? right?
Discover Card is worth about 11 Billion ? (see below)
"One thing that could throw the future into question would be if the dissident group could persuade a third party to make a hostile bid for Morgan Stanley in its entirety, Bove said. But takeovers of that sort are uncommon in the investment banking industry. On top of which, the dissident group had already called for the sale of the Discover unit, which Bove values at about $11 billion."
Just think if Apple could buy Discover Card
rebrand the name "iDiscover Apple"
the "new" credit card could offer a "cash back bonus" - i.e. spend for every 150$ you buy using your iDiscover get 6 free downloads at iTunes.com
Maybe have a Apple logo Credit Card 8)
Just picture this...... someone calls Dell to order a PC
Dell Rep: "We have a great deal on a 17" LCD right now, would you like to add one to your order for only $$$$"
John Doe "No thanks"
Dell Rep: Will this be on your Visa Master Card, or iDiscover Apple Credit Card
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