Tag: NASDAQ:ETFC

October 24, 2016 BY Valentina Kirilova

US online trading consolidation continues with TD close to $4 billion Scottrade deal

TD Ameritrade Holding Corp. and its largest stakeholder, Toronto-Dominion Bank, are close to a deal to buy online brokerage Scottrade Financial Services Inc. for $4 billion. TD Ameritrade would acquire Scottrade’s brokerage operations for about $2.7 billion in cash and stock, while Toronto-Dominion would purchase Scottrade’s banking operations for $1.3 billion in cash, according to…

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July 25, 2016 BY Mike Fox

ETrade to buy OptionsHouse for $725 million

E*TRADE Financial Corporation (NASDAQ:ETFC) today announced it has entered into a definitive agreement to acquire Aperture New Holdings, Inc., the ultimate parent company of OptionsHouse, for $725 million in cash. The transaction will boost E*TRADE’s derivatives capabilities while expanding its customer profile with the addition of OptionsHouse’s highly active, derivative-centric traders. E*TRADE intends to finance…

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December 18, 2014 BY LeapRate Staff

GAIN Capital extends board rights of VC investor VantagePoint

After losing longtime investor Edison Partners which distributed its 13.5% GCAP position to its own LP investors earlier this month, retail forex broker Gain Capital Holdings Inc (NYSE:GCAP) has extended the board rights of its other major outside investor, venture capital firm VantagePoint Ventures. VantagePoint owns nearly 22% of GAIN Capital's shares, currently worth around $86…

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