Investools acquires thinkorswim forex - BestforexoffersNet

Investools acquires thinkorswim forex

1 by Barron’s for options traders in March 2006, thinkorswim’s retail trading platform and functionality are recognized among the industry’s best for execution, professional analytics and real-time position management. This transaction combines two rapidly growing, highly innovative and free cash flow generating companies, which have complementary businesses and customer investools acquires thinkorswim forex. INVESTools has been committed to educating investors since 1983. This is a strategic, transforming merger based on account acquisition synergies generated by INVESTools’ students who can now be educated and trade on an integrated platform with top-rated technology.

It’s time to take our customers to another level and this merger brings the resources to thinkorswim to accomplish that. INVESTools has the passion and spirit to empower investors through education, which has also been the cornerstone of thinkorswim’s success. The new firm will be a powerful combination of great educational services and advanced trading technology from which all our customers will benefit. INVESTools expects the acquisition to be accretive during 2007, and to extend lifetime customer value and to enhance customer retention. 2 million, respectively, after adjusting for certain items.

The Boards of Directors of both companies have unanimously approved the merger transaction. 170 million in cash and 19. The merger is subject to NASD and INVESTools shareholder approval, and is expected to be completed by the first quarter of 2007. A special meeting of INVESTools shareholders will be announced following preparation and filing of proxy materials with the Securities and Exchange Commission. Paragon Capital Partners, LLC initiated this transaction, and acted as INVESTools’ financial advisor in connection with the proposed merger and with respect to the financing of this transaction. INVESTools with respect to this transaction. More than 250,000 investors around the world have graduated from INVESTools investor education programs.

Chicago, Illinois and has offices in Bloomfield Hills, Michigan and Needham, Massachusetts. As a leading retail option brokerage firm, thinkorswim specializes in options and also offers customers a broad range of products including equities, futures, mutual funds, and bonds. Barron’s top rating in their 2006 Annual Survey of Best Online Brokers. 2 in software and web-based ratings. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THE PROXY STATEMENT WHEN IT BECOMES AVAILABLE BECAUSE IT WILL CONTAIN IMPORTANT INFORMATION ABOUT THE MERGER AND THE PARTIES TO THE MERGER.