Thursday, July 23, 2026

TD Ameritrade to Buy Scottrade in $4 Billion Deal

From the New York Times TD Ameritrade announced on Monday that it would acquire Scottrade Financial Services, a rival discount brokerage, for $4 billion, in a bid for scale at a time when small investors are losing their taste for stock trading. The deal reflects the ongoing evolution of the investment business. Both companies trace the roots of their business model