TD Bank Group acquired Scottrade’s banking division, Scottrade Bank , for roughly $1.4 billion in cash.
The combined deal was valued at approximately $4 billion . Two-Part Structure: did td ameritrade buy scottrade
TD Ameritrade acquired the brokerage business for roughly $1.7 billion in cash plus 28 million shares of TD Ameritrade common stock. Inc. is now at Schwab
The merger was originally announced in October 2016 and officially closed on September 18, 2017 . Impact on Customers and Operations TD Ameritrade, Inc. is now at Schwab did td ameritrade buy scottrade