Here you will find information and news about stock markets, online trading, investing, stock brokers. Great collection of tools for everyday trading, like real time stock quotes, interactive stock charts, options calculator, earnings calendar, market comments and suggetions for good reading material makes your trading day profitable!

Monday, May 09, 2005

News: Ameritrade surges on reports E-Trade makes offer

Reports: E-Trade Makes Offer for Ameritrade

E-Trade Makes Offer for Rival AmeriTrade Which Is Considering Deal for TD Waterhouse, Reports Say

NEW YORK (AP) -- In a possible consolidation of the online discount brokerage business, E-Trade Financial Corp. has reportedly made an offer for AmeriTrade Holding Corp., according to published reports Monday.

E-Trade made an unsolicited bid to buy Ameritrade on Friday for more than $5.5 billion in a letter to its board, according to executives who spoke to the Times.

Read further:
E-Trade Makes Ameritrade Offer

Online Trading Comment
Ameritrade (AMTD) trading at $14.11, up by 25% in early trading.


Post a Comment   (feel free to post relevant comments)

<< Home