Charles Schwab is the is one of the largest brokerage firms in the US and is also the thirteenth largest US bank with over $3 trillion in assets under management. Recently, Charles Schwab made a big industry changing decision when they dropped commissions on online trades forcing their competitors, TD Ameritrade and E-Trade to follow suit. I made a video talking about that.
But this week, Charles Schwab made another big announcement, they are going to acquire their competitor TD Ameritrade for $26 billion in an all-stock transaction. Is this a good deal for Charles Schwab? Is this a good deal for TD Ameritrade? Is it a good deal for us? Are there arbitrage opportunities?
Comentarios