Ameritrade to Buy TD Waterhouse

June 21, 2005

Online broker Ameritrade Holding Corp. on Wednesday said it agreed to buy rival TD Waterhouse USA from parent Toronto-Dominion Bank for $2.9 billion in stock, consolidating the struggling online brokerage sector as analysts had said was inevitable.

*For more on this story,

read the full Reuters article.

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Ameritrade to Buy TD Waterhouse

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