Actionable news
0
All posts from Actionable news
Actionable news in TD: TORONTO DOMINION BANK,

TD Ameritrade, TD Bank Said to Near $4 Billion Scottrade Deal

TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, are nearing a deal to buy online brokerage Scottrade Financial Services Inc. for $4 billion, according to people with knowledge of the matter.

TD Ameritrade would acquire Scottrade’s brokerage operations for about $2.7 billion in cash and stock, while Toronto-Dominion would purchase Scottrade’s banking operations for $1.3 billion in cash, the people said...


More