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TD Ameritrade (NASDAQ:AMTD) will buy thinkorswim Group (SWIM) for $606M in stock and cash to...

TD Ameritrade (NASDAQ:AMTD) will buy thinkorswim Group (SWIM) for $606M in stock and cash to expand its online brokerage. The deal values SWIM at around $8.71/share, a 54.1% premium to yesterday's closing price. Premarket: AMTD -7.3%, SWIM +40.7%.

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TD Ameritrade Holding Corporation