Actionable news
0
All posts from Actionable news
Actionable news in ETFC: E*TRADE Financial Corporation,

E*Trade Hungry For More Deals Following OptionsHouse Acquisition

In its first deal of the year, E*Trade Financial (ETFC) has agreed to buy the holding company that operates online stocks and options trader OptionsHouse for $725 million cash.

"This is our first acquisition in some time," Paul Idzik, CEO of New York-based E*Trade, said during a call for analysts and investors on the deal. "We have been very disciplined in getting here."

E*Trade said it would finance the purchase of OptionsHouse parent Aperture New Holdings with $400 million of...


More