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Tag Archives: discount brokerage

Waterhouse Sells Out

Sounds ominous, doesn’t it? In this case, though, there’s nothing sinister about yesterday’s announcement that Ameritrade (NASDAQ: AMTD) will be taking over discount brokerage TD Waterhouse for $2.9 billion in cash and stock.
As you know if you’ve been with me a while, TD Waterhouse has long been my preferred discount broker.