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Ricketts family still active at TD Ameritrade
The Associated Press
Tuesday, October 27, 2009
OMAHA, Neb. — Buying the Chicago Cubs doesn't mean the Ricketts family will become less engaged in the brokerage Joe Ricketts helped found, TD Ameritrade.
The Ricketts family officially became the Cubs' new owners Tuesday in an $845 million deal. Ameritrade CEO Fred Tomczyk said Tuesday he's seen no sign the Ricketts family has become any less interested in the Omaha-basedcompany's future.
One of Joe Ricketts' sons, Tom, has been named chairman of the Cubs' board, which will include several Ricketts family members.
Both Joe Ricketts and his son Pete continue to serve on Ameritrade's board, and the family owns about 15 percent of the stock.
Toronto Dominion Bank is Ameritrade's biggest shareholder, with 45 percent of the stock.
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Oct 27, 2009 - 4:56 p.m. EDT
Copyright 2009, The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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