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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who started this subject	4/10/2002 4:11:08 PM
From: TFF	of 12617

19 ET ETRADE acquires Tradescape (ET) 9.05 +0.09: -- Update -- ET makes it official: company announces acquisition of Tradescape for $100 mln in stock with an additional $180 mln in stock contingent on unit's performance; ETrade says deals adds more than 100,000 trades per day and will be immediately accretive, and will add up to 10% to 2003 EPS. ETRADE to acquire Tradescape: WSJ (ET) 9.05 +0.09: The Wall Street Journal is reporting that ETrade will acquire privately held Tradescape for $280 mln, which describes itself as a provider of end-to-end electronic trading solutions for everyone from retail to institutional clients.

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