Home Wealth  Money Selling The Biz Off The Table At E*Trade

Selling The Biz Off The Table At E*Trade

Posted: Nov. 12th, 2011  |  By Forbes

powered by Forbes

RSS Syndicated News Email a Friend Suggest an Article Share Visit Website

E*Trade Financial announced late yesterday that after conducting review of its strategic alternatives, it has decided not to sell itself.

The review began in early August, and looked at all alternatives for the company, with a focus on maximizing shareholder value.

E*Trade's financial advisor, Goldman Sachs (nyse: GS - news - people ) , as well as its board, determined that the continued execution of the company's business plan is currently the best option for increasing shareholder value.

The review was undertaken after investor Citadel made calls for management changes or a sale of the online brokerage and financial services provider.

Market News Video produces and distributes online videos about stocks and investing.




Share on Facebook Share
See Next Article
Need to Get Away?
Top 10 Business Hotels
Who says you canít mix business with pleasure?
Read More
More Articles from Forbes.com

advertisement
Quick Links
Autos
Boating
Real Estate
Luxury Travel
Fashion
Search Real Estate
Find Your Dream Home
Search for homes by
State, Country or Style.
Event Calendar
advertisement
Current News & Features
$85 Million Bel Air Estate Comes to Market from Mohamad Hadid
Ultimate Libations: 5 Boozy Gifts for Expensive Tastes
Juan Valdez Launches Revolutionary Compostable Coffee Pods in 4 Authentic Flavors
The Smart Luggage Set You Need for Traveling
Imalentís†Military-Grade EU06-RW Smart Flashlight
Acclaimed Chef Melissa Perello Wants to Host Your Dinner Party
Surprise Your Loved One With Bang & Olufsen's $1,895 BeoSound 2 This Christmas
The $675 TUMI T-Pass: A Sleek Business Traveler-Inspired Briefcase
A Closer Look at Spain's Garnacha Wines From Aragon
New Juan Valdez Coffee Pods are Way Greener Than the Competition
See the complete list
 
Featured Photo Gallery
See the complete list
THINGS WE LIKE