Tradeweb Markets Inks ~$1.97M Deal To Acquire Trumid Holdings

Tradeweb Markets Inc. (Nasdaq: TW) has announced a definitive agreement to acquire Trumid Holdings, LLC for approximately $1.97 billion, which includes $1.75 billion for the business and around $220 million for tax assets. Tradeweb is a leader in electronic trading, facilitating over $3.0 trillion in value daily across various asset classes.