Charles Schwab close to $600 million deal to buy Forge Global, FT reports
1. Charles Schwab plans to acquire Forge Global for $600 million. 2. The acquisition could enhance FRGE's market presence significantly.
FAQ
Why Very Bullish?
Acquisitions often drive stock price appreciation. Historical data shows positive market reactions to similar deals.
How important is it?
The acquisition could lead to increased liquidity and market visibility for FRGE, significantly influencing its valuation.
Why Short Term?
Immediate market reactions expected post-announcement and during the deal closing.