E*Trade/BrownCo Deal Ruffles Some Feathers

Freed, Dan
October 2005
Investment Dealers' Digest;10/10/2005, Vol. 71 Issue 38, p15
Trade Publication
Reports on E*Trade Group Inc.'s decision to acquire BrownCo, JPMorgan and Co. Inc.'s online brokerage unit. Amount that will be paid by E*Trade for BrownCo; Reasons behind the negative reaction of the owners of E*Trade high yield bonds to the BrownCo deal; Rules governing companies' obligation to disclose imminent transactions that may affect the sale of securities.


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