E-Trade Financial

E-Trade Financial prices public stock offering at $1.10 a share

E-Trade Financial prices public stock offering at $1.10 a share

As the besieged online brokerage and bank likely to raise capital to drag itself out from under mortgage-related loan losses, E-Trade Financial said 435 million of its shares were priced at $1.10 a share, out of which, Citadel Investment Group bought 90.9 million shares.

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