MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, February 12, 2002 Datek on the Block Datek Online Holdings has retained Morgan Stanley to find a buyer, reports the New York Post. Datek did not confirm the report which was sparked by a Putnam Lovell analyst Richard Repetto writing that Datek "is testing the acquisition waters." The paper says the broker has received a bid from E*Trade and that TD Waterhouse, Bank of Montreal, Wells Fargo and J.P. Morgan Chase & Co.'s online brokerage unit Brown & Co. are other likely suitors. The price tag is rumored to be between $600 million and $1 billion. Printed from: MFWire.com/story.asp?s=1841 Copyright 2002, InvestmentWires, Inc. All Rights Reserved |