TD Ameritrade to be bought by Charles Schwab for $26B

TD Ameritrade to be bought by Charles Schwab for $26B

A massive disruption in the online brokerage industry has aided the buyout of TD Ameritrade by Charles Schwab. Charles Schwab will reportedly buy TD Ameritrade in a $26 billion stock swap. The buyout will lead to merger of the two biggest companies of the industry, and could face scrutiny from anti-trust regulators.

David
David
Top in Business
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