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U.S. Bancorp to acquire BTIG for up to $1B (USB:NYSE)

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U.S. Bancorp (USB) on Tuesday announced a definitive agreement to acquire the financial services firm BTIG for up to $1B.

The purchase price is targeted to be $725M, comprising $362.5M of cash and 6,600,594 shares of common stock. The deal also includes up to

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