Wednesday, February 18, 2009

TD Bank Increases Stakes in TD Ameritrade & Internaxx

Asociated Press, 18 February 2009The family of TD Ameritrade founder Joe Ricketts will sell 34 million of its shares in the online brokerage back to the company in a deal valued at almost $403-million (U.S.) to help finance the family's bid to buy the Chicago Cubs.Ameritrade announced the stock purchase agreement Wednesday morning before its annual shareholder meeting.Ameritrade agreed to pay the

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