TD Ameritrade Completes Acquisition Of Rival Scottrade
OMAHA, Neb. (AP) — Online brokerage TD Ameritrade has completed its acquisition of rival broker Scottrade and will spend the next several months combining their operations. TD Ameritrade said Monday that the two-stage deal announced last fall had closed. As part of the transaction, TD Ameritrade’s biggest shareholder, TD Bank, purchased Scottrade’s bank for $1.4…