Scottrade - Td Ameritrade Buys

: The acquisition officially closed on September 18, 2017 . The Client Transition (2018)

: The deal was split into two parts: TD Bank Group bought Scottrade Bank for $1.4 billion , while TD Ameritrade acquired the brokerage operations for $2.7 billion in cash and stock. td ameritrade buys scottrade

: For several months after the close, Scottrade operated as a separate entity to ensure a "seamless transition" for its clients. : The acquisition officially closed on September 18, 2017