Security Sells Some Brokerage Accounts: Security Pacific...
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From Times Staff and Wire Reports
Security Sells Some Brokerage Accounts: Security Pacific Discount Brokerage, a subsidiary of Los Angeles-based Security Pacific Corp., agreed to sell its discount brokerage accounts in Florida, New Jersey, Texas, Connecticut and Louisiana to Fidelity Investments, a Boston-based mutual fund company. Terms of the deal were not disclosed. Fidelity said it is weighing whether to maintain the 11 offices and 33 employees affected by the deal.
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