Newspaper wrap-up: E*Trade and TD Ameritrade in merger talks

Posted Aug 22nd 2007 9:15AM by Eric Buscemi
Filed under: Newspapers, Magazines, Google (GOOG), Exxon Mobil (XOM), ConocoPhillips (COP), TD AmeriTrade Holding (AMTD)

MAJOR PAPERS:

According to the Wall Street Journal (subscription required), citing people familiar with the matter, E*Trade Financial Corporation (NASDAQ: ETFC) and TD Ameritrade Holding Corporation (NASDAQ: AMTD) have been in serious merger discussions for weeks, but are still not close to a deal.
Dubai World, a holding company for the Persian Gulf state, will purchase a 9.5% stake in MGM Mirage (NYSE: MGM), the Kirk Kerkorian controlled Las Vegas casino company, for $5B. The deal will also give Dubai World 50% ownership in CityCenter, MGM's most ambitious development project, reported the Wall Street Journal.
The Wall Street Journal reported that almost 10 months after Google Inc (NASDAQ: GOOG) acquired YouTube for $1.65B, the video-sharing site is rolling out its first advertisements in the videos.
The Financial Times (subscription required) reported that private equity firm WL Ross is looking to get involved in the subprime lending business, said the firm's owner, Wilbur Ross. WL Ross may look to acquire lenders, mortgage portfolios or even companies that service loans, Ross added.

OTHER PAPERS:

The New York Times reported that Kazakhstan's government is threatening to suspend one of the world's largest oil projects, due to environmental damage it says the work is causing in the Caspian Sea. The consortium developing the field includes Eni, Exxon Mobil Corporation (NYSE: XOM), Royal Dutch Shell (NYSE: RDS.A), ConocoPhillips (NYSE: COP), and Total SA (NYSE: TOT).

Tags: ameritrade, amtd, conocophillips, cop, e*trade, etfc, etrade, exxon, financial times, FinancialTimes, ft, goog, google, Kazakhstan, mgm, mgm mirage, MgmMirage, mobil, new york times, newspaper, NewYorkTimes, ny times, nyt, NyTimes, paper, periodical, rds.a, shell, tot, total, wall street journal, WallStreetJournal, wl ross, WlRoss, wsj, xom, youtube

Print this

Reader Comments (Page 1 of 1)

8-23-2007 @ 12:31AM

WSJ subscription $9.95 said...

Why does the WSJ restrict so many of their articles to subscription customers only?

FYI, I just found 2 deals for WSJ.com:

1) $9.95 access to WSJ.com for 30 days
2) 1 year & 2 months (60 weeks) for BOTH the print & online versions for $125 (this is an AWESOME DEAL).