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Transactions

Feb. 13, 2001

Clifford Chance: MERGER MOVES E*TRADE INTO ONLINE MORTGAGE BUSINESS

E*Trade Group Inc. will buy LoansDirect Inc. in a confidential stock deal. Menlo Park's E*Trade Group is an online stock brokerage firm and owns electronic banking company E*Trade.

        E*Trade Group Inc. will buy LoansDirect Inc. in a confidential stock deal.
        Menlo Park's E*Trade Group is an online stock brokerage firm and owns electronic banking company E*Trade. LoansDirect of Huntington Beach provides online mortgages through its Web site, LoansDirect.com.
        The LoansDirect merger will make E*Trade the fi...

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