Charles Schwab (SCHW) Higher on Resurfaced Takeover Chatter
Charles Schwab Corp. (Nasdaq: SCHW) is seeing a little interest today on heavier-than-normal volume on resurfaced takeover/merger rumors.
posted by Lon at 1:23 PM
Friday, January 12, 2007
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1 Comments:
On the other hand, ETFC and TRAD are the tickers that moved. I could see Schwab taking its US Trust $3B cash and using it as part of a tender for one of those two $10B sardines. I don't really see SCHW as a target, though, and the market doesn't either.
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