TD Ameritrade buying rival Scottrade for $4B

Posted online October 24, 2016 | 11:24 am

Discount brokerage TD Ameritrade is buying rival Scottrade in a deal worth $4 billion.

Announced today by both companies, the deal would quadruple TD Ameritrade's branch network.

TD Bank, which already owns 42 percent of TD Ameritrade, will increase its stake in the combined discount broker.

Read more from CNNMoney.

Interim CEO starts at Ozarks Regional YMCA

Comments

No comments on this story |

Please log in to add your comment

Editors' Pick

Open for Business: Crumbl Cookies

Utah-based gourmet cookie chain Crumbl Cookies opened its first Springfield shop; interior design business Branson Upstaging LLC relocated; and Lauren Ashley Dance Center LLC added a second location.

Most Read