Omaha, Nebraska-based Ameritrade Holding Corporation and Datek Online Holdings Corp. merged on September 9, 2002, in a transaction valued at US$1.29 billion. Ameritrade provides a self-directed approach to investment services. Privately-held Datek Online is an innovative financial services company based in the U.S.
In Canada, the merger involved notification or approval pursuant to securities legislation in all provinces and territories, approval by the Investment Dealers Association of Canada and notification pursuant to the Investment Canada Act. Datek Online, Ameritrade and Datek Canada Brokerage Services Inc. were represented by Rene Sorell and Greg McNab (securities) and Oliver Borgers (competition) of McCarthy Tétrault LLP in Toronto.
In the U.S., Mayer, Brown, Rowe & Maw represented Ameritrade, with a team including Joseph Collins, Carol Rivers, Brian May, Matthew Shabat and Paul Koury (corporate), Alan Van Dyke and Thomas Bottomlee (tax), Debra Hoffman and Christina Cerasale (benefits), Dennis Penepacker (intellectual property), Andres Aguila (regulatory), Silver Shira (real estate) and John Lawlor (finance). F. William Reindel, Bryan Hall, Arthur Fleischer, Jr., Stephen Fraidin, Audrey Strauss, Stephanie Goldstein, Barry Nigro, Jr., Don Carleen, David Shapiro and Mark Dorsey of Fried, Frank, Harris, Shriver & Jacobson represented Datek Online.
In Canada, the merger involved notification or approval pursuant to securities legislation in all provinces and territories, approval by the Investment Dealers Association of Canada and notification pursuant to the Investment Canada Act. Datek Online, Ameritrade and Datek Canada Brokerage Services Inc. were represented by Rene Sorell and Greg McNab (securities) and Oliver Borgers (competition) of McCarthy Tétrault LLP in Toronto.
In the U.S., Mayer, Brown, Rowe & Maw represented Ameritrade, with a team including Joseph Collins, Carol Rivers, Brian May, Matthew Shabat and Paul Koury (corporate), Alan Van Dyke and Thomas Bottomlee (tax), Debra Hoffman and Christina Cerasale (benefits), Dennis Penepacker (intellectual property), Andres Aguila (regulatory), Silver Shira (real estate) and John Lawlor (finance). F. William Reindel, Bryan Hall, Arthur Fleischer, Jr., Stephen Fraidin, Audrey Strauss, Stephanie Goldstein, Barry Nigro, Jr., Don Carleen, David Shapiro and Mark Dorsey of Fried, Frank, Harris, Shriver & Jacobson represented Datek Online.
Lawyer(s)
Greg McNab
Seth J. McLaughlin
Shira A. Silver
John F. Lawlor
Thomas W. Bottomlee
Audrey Strauss
David I. Shapiro
René R. Sorell
B. Alan Van Dyke
Brian T. May
Stephen Fraidin
Stephanie J. Goldstein
Debra B. Hoffman
Andres E. Aguila
F. William Reindel
Oliver J. Borgers
Donald P. Carleen