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$411 Million Cash Tender Offer

TradeStation Group, Incorporated (NASDAQ:TRAD)

Representation of TradeStation Group, Inc. (Nasdaq: TRAD), an electronic trading platform offering online securities brokerage services, in the definitive agreement to sell all of its outstanding common stock to a subsidiary of Monex Group, Inc. (Tokyo Stock Exchange: 8698) ("Monex"), in a deal valued at approximately $411 million. Under the agreement, Monex acquired all the outstanding common stock of TradeStation through a cash tender offer followed by a short-form statutory merger. After the merger, TradeStation became a private company and a wholly-owned subsidiary of Monex.