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

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Posting as :
works at
You are currently posting as works at

Diners club :p

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

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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

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Being bought out

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Who could buy Amex?

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No way discover would acquire Amex.

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? 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

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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