144389 Resource 125361 126221 200444 1160655529844 1214508128824 Controlled INVESTools Announces Merger with thinkorswim

Combines Leading Investor Education Firm with Top-Ranked Online Brokerage Platform

<p><font face="Trebuchet MS"><a title="INVESTools to Merge with thinkorswim" href="http://phx.corporate-ir.net/phoenix.zhtml?c=104432&p=irol-newsArticle&ID=906722&highlight=" target="_blank">INVESTools (NASDAQ:IEDU)</a>, a leading provider of investor education solutions, announced its plans to merge with <a title="thinkorswim Home" href="http://www.thinkorswim.com/" target="_blank">thinkorswim</a>, a leading retail option brokerage, in a&nbsp;transaction valued at approximately $340 million.&nbsp; INVESTools' continuing education offerings on options complement thinkorswim's award-winning options-oriented&nbsp;execution platform, creating a unique business model with the ability to offer differentiated&nbsp;product offerings for the retail investor.</font></p><p><font face="Trebuchet MS">Updata Capital provided a fairness opinion to INVESTools with respect to the transaction.</font></p> 9 application/xml false enterprise application software financial technology INVESTools thinkorswim Updata Capital Recent enterprise application software mergers and acquisitions deals completed by Updata Capital http://updataadvisors.com/transactions.asp?sector=13&level2id=52&level2name=Enterprise%20Application%20Software&sectorname=ALL%20SECTORS Mozilla/4.0 (compatible; MSIE 6.0; Windows NT 5.0; .NET CLR 1.1.4322; .NET CLR 2.0.50727; InfoPath.1) 127.0.0.1 127.0.0.1 fbartolomey 208.82.213.22 false true false false true 125361 blog blogsite/UpdataAdvisors/web