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In August 2006, Coughlin pleaded guilty to stealing money, merchandise, and gift cards from Walmart, but avoided prison time due to his poor health. He was sentenced to five years probation and required to pay a $50,000 fine and $411,000 in restitution to Walmart and the Internal Revenue Service.
In this same year, DFS also launched the Discover Business Card, offering a single payment solution for small business owners. On July 14, 2006, DFS and First Data Corp., a global leader in electronic commerce and payment services, announced that First Data would offer Discover Network card services to small- and mid-sized merchants.
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Capital One Financial Corporation is an American bank holding company founded on July 21, 1994 and specializing in credit cards, auto loans, banking, and savings accounts, headquartered in Tysons, Virginia with operations primarily in the United States. [2]
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Asda and George were sold to Walmart in 1999, which led to the expansion of the George brand into Walmart stores. [2] In February 2022, Asda and George were bought by TDR Capital for £6.8 billion pounds. Plans to spin George off into an independent brand have been leaked, but those plans have been denied by the acquiring firm. [1]
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