Charles Schwab said to be in talks to buy TD Ameritrade
Shares of TD Ameritrade surged in pre-market trade following a report that Charles Schwab is in talks to buy the online broker.
Charles Schwab Corp.
$74.99
11:04 26/04/24
0.13%
$0.10
TD Ameritrade Holding Corp.
n/a
07:46 20/03/24
0.00%
€0.00
Td Ameritrade Holdings Corp.
$34.31
11:00 08/07/16
0.00%
-$0.00
According to CNBC, a deal could be announced as early as Thursday.
At 1120 GMT, TD Ameritrade shares were up 18.4% in pre-market trade at $49.00 while Charles Schwab shares were 0.8% higher at $45.10.