ING Direct Buys ShareBuilder for $220M
This Site:en.yinlu.net Source:en.yinlu.net Writer: Time:2007-11-21
ING Direct will pay $220 million for privately held, Seattle-based ShareBuilder.
Adding ShareBuilder will give ING Direct customers an online investment platform. ING Direct already provides online savings and checking accounts, certificates of deposit, mutual funds and mortgages.
Shares of ING fell $1.48, or 3.8 percent, to $37.03 in afternoon trading. Earlier in the session, shares hit a 52-week low of $36.90. Shares have traded between $37.27 and $47.18 during the past year.
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