Recognizing that there are indeed some borders in cyberspace, leading online financial services company E*Trade (Nasdaq: EGRP) announced Tuesday that it would buy TIR Holdings Limited for $122 million (US$) in stock. The deal is aimed at accelerating E*Trade’s efforts to build a cross-border global trading network.
E*Trade Sharpens Global Vision With TIR Acquisition
Posted by: Robert Conlin & James Hollander July 13, 1999 12:00 AMRecognizing that there are indeed some borders in cyberspace, leading online financial services company E*Trade (Nasdaq: EGRP) announced Tuesday that it would buy TIR Holdings Limited for $122 million (US$) in stock. The deal is aimed at accelerating E*Trade’s efforts to build a cross-border global trading network.