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Feds Find Fraud at Fannie? (The Motley Fool) | Credit Cards | Allenby to support local tour - Melbourne Herald Sun

September 29, 2005

Lex: Online brokers (FT.com via Yahoo! News)

In most normal industries, the numbers would shock. E*Trade is paying $1.6bn for BrownCo, a brokerage business which would probably be worth $800m-$900m by itself. What are the synergies to offset a premium this big?

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