Ameritrade Holding Corp. has big plans to buy its competitor TD Waterhouse USA from Toronto-Dominion Bank. Ameritrade will pay $2.9 billion in stock for its rival to form TD Ameritrade. "The acquisition of TD Waterhouse U.S.A. is the right deal for Ameritrade. This opportunity accelerates our long-term investor strategy with access to branches and advice, while maintaining an industry leading pre-tax margin," said Ameritrade CEO Joe Moglia.
latest ebusiness news. 
No comments yet. Be the first to comment!