what will happen to TDA and E*Trade stock symbol after merger?

Discussion in 'Retail Brokers' started by TradeTune, Sep 4, 2020.

  1. They are merging with Schwab and M.Stanley ....

    Lets say if i have bought E*trade stock 100 shares ....will TDA and E*trade stock disappears? and what happens to my shares ? Thanks
    murray t turtle likes this.
  2. %%
    Cant really predict it;
    mostly they pay a premium/but not always..........................................
    TradeTune likes this.
  3. One way or another, you will be credited with shares of equivalent value.
    TradeTune and murray t turtle like this.
  4. gkishot


    Corporate action to be announced.
    TradeTune likes this.
  5. newwurldmn


    Three conservatives responded to you and couldn’t be bothered to give you a proper answer. Both merger are stock transactions. If you own 100 shares of E*TRADE, you will get about 105 share of Morgan Stanley.
  6. Atikon


    Most of these deal are dealt with you getting the equivalent of shares of the new parent company. You can also stick it out for a squeeze out when you think synergies won't come through
    TradeTune likes this.
  7. Thank you for all replies ...