Schwab Completes Acquisition of ThomasPartners for $85M
December 17, 2012 at 08:46 AM EST
The Charles Schwab Corporation today announced the completion of its acquisition of ThomasPartners, Inc. The acquisition agreement, originally announced October 15, 2012, includes an upfront payment of $85 million in cash and the opportunity for additional payments contingent on future growth in assets under management. “We are pleased to be