ING to sell ShareBuilder |
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ING to sell ShareBuilder
The Seattle online brokerage ShareBuilder Securities is likely to be sold by its parent company ING, an annoucement that comes nearly two years after the Dutch financial company gobbled up the firm for $220 million. The announcement, made today by ING Direct CEO Arkadi Kuhlmann at ShareBuilder's new Pioneer Square office, comes after ING said it plans to sell its U.S. operations by 2013.
Nonetheless, The Puget Sound Business Journal's Kirsten Grind reports that the ShareBuilder unit -- led by Dan Greenshields -- still plans to double in size to about 600 employees in the next two years. More from Grind's report here.
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