Posts in tag
Ameritrade
Charles Schwab confirms plans to buy Omaha-based TD Ameritrade in $26 billion deal
Charles Schwab is buying rival TD Ameritrade for $26 billion, a blockbuster deal accelerated by massive disruption in the online brokerage industry. Competitive pressure has already forced brokerages to make it free for customers to trade U.S. stocks online, and Schwab’s proposal would combine two of the biggest players in the industry.The tie-up announced Monday …
Charles Schwab to buy TD Ameritrade in a $26 billion all-stock deal
Charles Schwab on Monday announced plans to buy discount brokerage rival TD Ameritrade in an all-stock deal valued at $26 billion. As part of the agreement, Ameritrade stockholders will receive 1.0837 Schwab shares for every share held. The deal is expected to close in the second half of 2020. Shares of TD Ameritrade ticked 1% …
