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IG splashes out $1 billion on Tastytrade

Consolidation among some of the racier brokers is heating up: IG, London's largest spreadbetting firm, is buying US rival Tastytrade for $1 billion in cash and shares. Below is the link to IG's announcement:

https://www.investegate.co.uk/ig-group-hldgs-plc--igg-/rns/proposed-acquisition-of-tastytrade--inc-/202101210701023914M/ ..

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Date: Thursday, 21 January 2021, 8:11 am

[Disclaimer - the information on Betaville does not consitute any form of investment recommendation and is not intended to be relied upon by readers in making, or refraining from, any investment decisions].

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