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Announced

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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.

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