E*TRADE Financial Announces Secondary Offering of 27.394M Shares of Common Stock by an Affiliate of Citadel

By: Benzinga
E*TRADE Financial Corporation (NASDAQ: ETFC ) today announced that Citadel Equity Fund Ltd., an affiliate of Citadel LLC, plans to offer 27,394,448 shares of E*TRADE's common stock in an underwritten offering. The closing of the offering is expected to occur on or about March 19, 2013, subject to customary
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