TD Ameritrade to buy Scottrade in $4B cash-and-stock deal

Online brokerage TD Ameritrade is buying Scottrade in a $4 billion cash-and-stock deal that would significantly expand its branch network at a time when many financial firms are expanding automated adviser programs. In the two-stage deal announced Monday, TD Bank Group will buy Scottrade Bank first from Scottrade Financial Services Inc. for $1.3 billion in cash, ...

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TD Ameritrade to buy Scottrade in $4B cash-and-stock deal

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