Citadel’s $2.5B boost gives E*Trade new life
"It seems as if E*Trade has saved themselves for now," said Alois Pirker, senior analyst with Aite Group of Boston.
Today’s $2.5 billion cash infusion from affiliates of Chicago-based Citadel Investment Group put E*Trade Financial Corp. of New York in a better position to continue going it alone or negotiating a more favorable takeover deal, according to one industry analyst.
"It seems as if E*Trade has s
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