Tag: MB Trading acquisition

April 05, 2016 BY Maria Nikolova

Ally Financial acquires TradeKing for $275 million

Confirming LeapRate's earlier report about TradeKing being for sale, the company announced today the signing of an acquisition agreement with Ally Financial Inc (NYSE:ALLY). Under the agreement, Ally Financial Inc will acquire an online broker/dealer, a digital portfolio management platform, and educational content and social collaboration channels. Ally is paying $275 million, subject to certain purchase…

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