Wednesday, May 11, 2005

Online brokers talk merger to survive / Analysts: Price wars, less trading behind reports of E-Trade's bid for Ameritrade

"Reports of a possible merger involving two of the largest online brokerages -- E-Trade Financial Corp. and Ameritrade Holding Corp. -- point to a new round of consolidation in an industry beset by price wars and intense competition for clients. "

[SFGate.com]

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