{ "media_type": "text", "post_content": "First SPG, now Tumi. Next is AMEX calling it now.", "post_id": "56d7c484fccd480e005ccfc6", "reply_count": 11, "vote_count": 11, "bowl_id": "552d1d24dc1c586b09d2d051", "bowl_name": "Consulting", "feed_type": "crowd" }

First SPG, now Tumi. Next is AMEX calling it now.

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Diners club :p


An AMEX/PayPal tie-up... Now THAT would be interesting


I don't think they sold it, didn't they lose the contract with Costco? I remember it was big news when they revealed that last year in any case


Being bought out


Who could buy Amex?


No way discover would acquire Amex.


? I love all those things. Please elaborate.

Diners Club is owned by Discover, and while Discover is a bank, it's about half the size of AMEX by mkt cap

It's almost like you have inside info or something

Did you hear about Amex recently selling off their Costco branded line of cards? I looked into it and it's 80 billion/year of their transactions

Ya it's the contract that's lost. Costco cashed in.

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