- Financial Times•yesterday
TD Ameritrade and its biggest shareholder, Toronto-Dominion Bank, are to buy rival Scottrade Financial Services for $4bn, in a move that consolidates two of the largest discount brokerages in the US. The ...
It’s been almost month since news broke that Scottrade Financial was on the auction block, fueling endless speculation about possible buyers. TD Ameritrade Holding (AMTD) and Toronto-Dominion Bank (TD) announced early Monday that they are buying the online brokerage house in a $4 billion joint transaction. Toronto-Dominion, a large stakeholder in TD Ameritrade, will buy the banking business for $1.3 billion.
The Toronto-Dominion Bank (TD.TO)
Toronto - Toronto Delayed Price. Currency in CAD
|Day's Range||60.04 - 60.34|
|52wk Range||48.52 - 60.38|
|1y Target Est||N/A|
|P/E Ratio (ttm)||13.62|
|Avg Vol (3m)||2,165,963|
|Dividend & Yield||2.20 (3.67%)|