Discount brokerage Scottrade is being acquired by rival TD Ameritrade in a $4 billion deal. The companies announced the deal early Monday, following several weeks of news reports about the merger. The sale is subject to regulatory approvals, and is slated to close by Sept. 30, 2017. Scottrade will convert to TD Ameritrade systems in 2018.
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Stltoday.com (St. Louis Post-Dispatch), Free Republic
Mon, 10/24/2016 - 12:42pm
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