Citadel Sells Remaining 10% Stake In E-Trade
The discount brokerage and banking firm will not receive any proceeds from the stock offering, which is being conducted by Citadel Equity Fund Ltd. The offering is expected to close Tuesday, E-Trade said.
Citadel Equity put all of its roughly 27.4 million shares of E-Trade common stock into the offering. At Wednesday's closing price of $11.82,...
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