Charles Schwab (SCHW) and TD Ameritrade (AMTD) merger information including expected completion date, offer price and contact details are displayed in the acquisition details table below. An invaluable buyout factsheet for traders and investors looking to trade the merger arbitrage spread.
This deal was successfully consummated on October 6, 2020
Charles Schwab (SCHW) and TD Ameritrade (AMTD) Merger
The major Charles Schwab (SCHW) and TD Ameritrade (AMTD) Merger news updates & events are listed below. An invaluable data source for traders & investors looking to familiarize themselves with the Charles Schwab (SCHW) merger with TD Ameritrade (AMTD) and trade the merger arbitrage spread. Following the acquisition news and events section, there are in-depth company profiles.
Receive instant FREE access to constantly updated SCHW and AMTD news related to the current merger deal. Simply register by entering your email address to receive weekly publication updates. For more proprietary Merger Arbitrage Limited content and analysis on this buyout, click either Charles Schwab (SCHW) or TD Ameritrade (AMTD). Proprietary commentary can also be accessed by simply entering a ticker symbol into the search box in the menu bar above such as “SCHW” or “AMTD“, or clicking on a stock ticker in the tag cloud at the foot of this article.
Traders can also review similar deal information on current merger stocks by selecting deals from the “Deal” menu item above or “Closed Deals” for previous acquisitions. For broader merger and acquisition news on other constituents of the T20 portfolio, please see our Spread Tracker News feed.
Charles Schwab (NYSE: SCHW) & TD Ameritrade (NASDAQ: AMTD) Merger - Acquisition News and Events
Charles Schwab Company Profile
The Charles Schwab Corporation, through its subsidiaries, provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services. The Investor Services segment provides retail brokerage and banking services, retirement plan services, and other corporate brokerage services; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retail investor, retirement plan, and mutual fund clearing services.
The Advisor Services segment provides custodial, trading, and support services; and retirement business and corporate brokerage retirement services. This segment provides brokerage accounts with cash management capabilities; third-party mutual funds, as well as proprietary mutual funds, plus mutual fund trading, and clearing services to broker-dealers; and exchange-traded funds (ETFs), including proprietary and third-party ETFs. It also offers advice solutions, such as managed portfolios of proprietary and third-party mutual funds and ETFs, separately managed accounts, customized personal advice for tailored portfolios, and specialized planning and portfolio management.
In addition, this segment provides banking products and services, including checking and savings accounts, certificates of deposit, first lien residential real estate mortgage loans, home equity loans and lines of credit, and pledged asset lines; and trust services comprising trust custody services, personal trust reporting services, and administrative trustee services. The company serves individuals and institutional clients in the United States, the Commonwealth of Puerto Rico, England, Hong Kong, Singapore, and Australia. The Charles Schwab Corporation was founded in 1971 and is headquartered in San Francisco, California.
TD Ameritrade Company Profile
TD Ameritrade Holding Corporation provides securities brokerage and related technology-based financial services to retail investors and traders, and independent registered investment advisors (RIAs) in the United States. The company offers trade execution, clearing, and margin lending services; and futures and foreign exchange trade execution services. It offers retail brokerage services for common and preferred stocks; exchange-traded funds (ETFs); mutual funds; options; futures; foreign exchange; fixed income products; primary and secondary offerings of fixed income securities, closed-end funds, common and preferred stocks; margin lending; cash management services; and annuities.
The company also offers investor education services for investors to teach how to approach the selection process for investment securities and manage their investment portfolios. TD Ameritrade Holding Corporation provides its services primarily through the Internet, a network of retail branches, mobile trading applications, interactive voice response, and registered representatives through telephone. The company was founded in 1971 and is headquartered in Omaha, Nebraska.
