Charles Schwab will buy TD Ameritrade for $26 billion in drastically altered stock brokerage sector

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Minute Charles Schwab says it will acquire TD Ameritrade in a multi billion dollar deal that will reshape the retail brokerage business Schwab agreed to acquire the other company in an all stock transaction that both say is valued at twenty six billion dollars were about forty dollars fifty cents per share now that's a nineteen percent premium based on Schwab's it share price as of its close on November

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