Discover Financial Services
Discover Financial Services Apply for a Card  



Press Room





Home


Corporate Overview

Press Room


Careers


Advertising


Philanthropy




  Printer-friendly Press Room  
Discover Announces Spin-Off from Morgan Stanley
as an Independent Company

December 19, 2006

Discover’s parent company, Morgan Stanley, will spin off Discover as an independent company sometime in the third quarter of 2007. We are very excited about the prospect of becoming a standalone, publicly traded company.
For more information on this announcement, please see the press release. Thank you for your continued trust and support. We appreciate your business.


Return to 2006 Articles

Return to Press Room Main
Select Other Press Releases      
Privacy Policy

©2006 Discover Bank, Member FDIC