Scottrade Merger

The merger is a process of diffusion or merger of two companies with one of them still standing with the name of the company while others disappear with all names and wealth included in the company that remains standing.

TD Ameritrade merged with Scottrade for $ 4 billion. Later everything associated with Scottrade will be renamed TD Ameritrade.

With that makes TD Ameritrade will become the largest online broker in the United States.

Scottrade Merger | sangpengepul | 4.5