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Schwab Agrees to Buy Private Share Platform for $660M
Yahoo Finance·2025-11-06 22:06

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- Charles Schwab Corp. agreed to buy Forge Global Holdings Inc., a marketplace for buying and selling shares of private companies, for about 660million.Underthetermsofthetransaction,SchwabwillacquireallofForgessharesfor660 million. Under the terms of the transaction, Schwab will acquire all of Forge’s shares for 45 apiece, according a statement Thursday. That’s about 72% more than the closing price on Wednesday. The deal would be the first for Schwab under ...