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E-Trade had previously discussed combining with TD Waterhouse, but those talks foundered when TD Waterhouse’s parent, Toronto-Dominion Bank of Canada, demanded control of the combined company.
TORONTO (CBS.MW) - Toronto-Dominion Bank said Wednesday that it will buy the 12 percent of discount brokerage TD Waterhouse that it doesn't already own for $9 a share in cash.
Toronto-based Toronto-Dominion Bank and its subsidiaries are known collectively as TD Bank Financial Group.TD Bank Financial also will acquire Ameritrade’s Canadian brokerage operations, for $60 ...
TD, which is Canada’s third-biggest bank, and E-Trade confirmed that they were “holding discussions with regard to a possible transaction,” but warned that there were no assurances the ...
SAN FRANCISCO (MarketWatch) -- Ameritrade confirmed Wednesday that it has agreed to acquire TD Waterhouse U.S.A. from Toronto Dominion Bank . The new operation will be called TD Ameritrade, with ...
Then, after the deal closes, TD Bank would launch an offer to buy an additional 7.9% stake in Ameritrade. TD Bank plans to buy Ameritrade's Canadian brokerage business for $60 million.
TD Bank said Wednesday it wants to take its majority-owned discount broker TD Waterhouse private offering investors a little more than a third of what many of them paid for the shares when it was ...
Toronto-Dominion Bank got mixed reviews Thursday on Wall Street for its offer to buy back the publicly traded shares of TD Waterhouse Group Inc.
TD Ameritrade's leverage with TD Bank gives it a unique advantage in the marketplace, he said. “We are going to work in earnest with our partners to cross-sell,” he said.
Discount-brokerage firm TD Waterhouse Investor Services, a division of Canada's Toronto-Dominion Bank, will pay $2 million to settle allegations that it made undisclosed payments to a handful of ...
Buying back TD Waterhouse, which has gotten substantially larger since the spinoff by adding assets through normal growth and through acquisition, will cost its bank parent just $360-million.