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January 13, 2000 6:55 AM PST

Schwab to buy U.S. Trust in stock deal

The brokerage plans to buy the 147-year-old financial firm for $2.7 billion in stock, in an effort to extend its business to cater to wealthy individuals.

The story "Schwab to buy U.S. Trust in stock deal" published January 13, 2000 at 6:55 AM is no longer available on CNET News.

 

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