Bypassing Wall Street, Datek Online Holdings Corp., the nation’s fourth-largest Internet brokerage, has raised $300 million (US$) through private investments from investors including Microsoft co-founder Paul Allen and French luxury goods magnate Bernard Arnault.
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Datek Nets $300M From Private Backers
Posted by: Gary Gately May 26, 1999 12:00 AMBypassing Wall Street, Datek Online Holdings Corp., the nation’s fourth-largest Internet brokerage, has raised $300 million (US$) through private investments from investors including Microsoft co-founder Paul Allen and French luxury goods magnate Bernard Arnault.