CNBC – Private equity firm Citadel Investment Group LLC said Monday that one of its affiliates has canceled a plan to sell a portion of its stake in retail brokerage firm E-Trade Financial Corp.
Under a previously announced plan, Chicago-based Citadel was to have sold up to 120 million shares of E-Trade as early as Monday. Citadel owns about 1.1 billion shares in the brokerage firm.
