Charles Schwab (SCHW) in talks to acquire TD Ameritrade (AMTD)
Tweet
Share
E-mail
Get Alerts SCHW Hot Sheet
Price: $97.00 +1.27%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +15.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 1.4%
Revenue Growth %: +15.4%
Join SI Premium – FREE
Charles Schwab (NYSE: SCHW) is in talks to acquire TD Ameritrade (NASDAQ: AMTD) and a deal could be announced as soon as today, CNBC reported.
A subsequent report from Fox Business Network suggested the price being paid by Charles Schwab is $26 billion.
The news follows disruption in the sector whereby many of the major online brokers cut commision to zero to better-complete with venture capital-funded RobinHood.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Inturai Ventures signs LOI to acquire drone swarm command platform
- Pembina joins proposed 1M bbl/day Alberta-to-coast pipeline plan
- FCPT acquires two Arby's properties for $3.4 million
Create E-mail Alert Related Categories
Hot M&A, Mergers and Acquisitions, RumorsRelated Entities
Definitive AgreementSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
