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Charles Schwab To Buy TD Ameritrade, Creating Brokerage Behemoth

Brokerage giant Charles Schwab said Monday it will acquire competitor TD Ameritrade in an all-stock transaction valued at $26 billion. A Schwab office in Oakland, Calif., is seen here. (AP)
Brokerage giant Charles Schwab said Monday it will acquire competitor TD Ameritrade in an all-stock transaction valued at $26 billion. A Schwab office in Oakland, Calif., is seen here. (AP)

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