TD Ameritrade has closed its acquisition of Scottrade Financial Serivces for $2.7bn.

Synopsis

TD Ameritrade, a brokerage services provider has closed its acquisition of Scottrade Financial Serivces, a brokerage services provider for $2.7bn. "We are pleased to see TD Ameritrade expand its business and solidify its leadership position in the market." Bharat Masrani, Group President and CEO, TD Bank Group.

Principals

target

Scottrade Financial Services

bidder

Td Ameritrade Holding Corp

Show Details & Financials

Did you work on this deal?

Showcase your expertise to over 3 million dealmakers and industry leaders on Datasite.

Market Context

Sort

Seller Team (1)

rodger o. riney

CEO at SCOTTRADE FINANCIAL SERVICES

Manager

target

Deals

£ 2.94 B

Total Value

Bidder Team (1)

bharat masrani

President and CEO at TD AMERITRADE HOLDING CORP

Manager

bidder

Deals

£ 14.00 B

Total Value

Vendor Team (1)

rodger o. riney

CEO at SCOTTRADE BANK

Manager

vendor

Deals

£ 2.94 B

Total Value

By continuing, you agree to our Terms & Conditions and our Data Privacy Policy