25-11-2019, 07:27 PM
Charles Schwab to buy TD Ameritrade in $26 billion deal
Reporting by Bharath Manjesh in Bengaluru; Editing by Shounak Dasgupta
NOVEMBER 25, 2019 / 6:10 PM
(Reuters) - Charles Schwab Corp (SCHW.N) said on Monday it would buy TD Ameritrade Holding Corp (AMTD.O) in an all-stock deal valued at about $26 billion.
As part of the deal, Ameritrade stockholders will receive 1.0837 Schwab shares for every share held.
More details in https://www.reuters.com/article/us-td-am...SKBN1XZ172
Reporting by Bharath Manjesh in Bengaluru; Editing by Shounak Dasgupta
NOVEMBER 25, 2019 / 6:10 PM
(Reuters) - Charles Schwab Corp (SCHW.N) said on Monday it would buy TD Ameritrade Holding Corp (AMTD.O) in an all-stock deal valued at about $26 billion.
As part of the deal, Ameritrade stockholders will receive 1.0837 Schwab shares for every share held.
More details in https://www.reuters.com/article/us-td-am...SKBN1XZ172