eToro agrees to acquire US-focused online brokerage TradeZero for up to $231M in cash and stock; TradeZero had ~$80M in revenue over the 12 months ended June 30 (Daniel Kuhn/The Block)
Quick Take — EToro agrees to acquire TradeZero, a U.S. online brokerage for active traders, in a cash and stock deal valued at up to $231 million.
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