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bondpage.com is now owned by J W Korth/Shop4Bonds! Shop4Bonds looks forward to providing excellent service to all of Bondpage's customers. You may still reach your Cambridge representative at (800) 795-4648. You will be redirected to Shop4Bonds website in 15 seconds. Please click here if you are not redirected. All former Bondpage/Cambridge customers will have access to |
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| Press Release | Source: J. W. Korth/Shop4Bonds |
| J. W. Korth/Shop4Bonds to Acquire Bondpage.com Tuesday March 6, 10:28 am ET -- Bondpage Clients Will Have Access to Largest Inventory of Bonds Online -- | |
MIAMI--(BUSINESS WIRE)--J. W. Korth/Shop4Bonds, an online securities brokerage, announced today that it has signed an agreement to acquire certain assets of Cambridge Investment Group Ltd. and its flagship website, Bondpage.com, based in East Lansing, MI. Launched in March 2000, Bondpage.com was one of the first online bond execution portals, offering financial professionals and individuals trading access to fixed-income securities. As a result of the proposed sale, Bondpage.com representatives and their retail and institutional customers will gain access to the extensive J.W. Korth/Shop4Bonds network, which includes a site for auctioning bonds online, Bonds4sale.com, and Shop4Bonds.com, a comprehensive electronic trading portal for fixed income securities. The affiliation will allow Bondpage.com users access to the largest online bond inventory including over 45,000 municipal, corporate, agency and government bonds. Bondpage.com users will also enjoy a host of new benefits, including the ability to search and purchase bonds online 24/7; orders placed outside normal market hours are executed the next business day. When bond holders wish to sell their holdings, Bonds4sale.com provides real-time auctions at the best available price. "We are very pleased and honored to have the Cambridge/Bondpage representatives and their customers join J W Korth/Shop4Bonds. We are working hard to make their transition to Shop4Bonds as easy as possible. Our strong interactive internet capabilities will be a big benefit for all of them. Without any cost or additional effort, Cambridge customers will find they have much broader market access." said Jim Korth, founder of J W Korth/Shop4bonds. Customers of Bondpage can have immediate access to the Shop4Bonds websites by calling their representative at Bondpage at (800) 795-4648. Closing for the transaction is expected to occur on March 31, 2007. All Bondpage customers are expected to have their accounts continue to be held at RBC Dain with a new broker dealer of record J W Korth & Company. About J.W. Korth/Shop4Bonds J. W. Korth/Shop4Bonds is a securities broker dealer founded in 1982. Through its unique, patent pending internet bond execution platform, the firm maintains the largest and lowest priced publicly available inventory of bonds on its Shop4Bonds and Bonds4Sale websites. Clients of J. W. Korth receive the same wholesale prices as over 500 bond dealers across the US and pay low fees for execution. With more than 45,000 bond offerings each day, clients can choose to buy or sell municipal, corporate, foreign, treasury, certificates of deposit and zero coupon bonds. For more information, call (800) 454-1628 or visit http://www.shop4bonds.com. | |