Original sentence: E*Trade acquired Tradescape in a deal entered into for $276.2 million in total consideration including $96.2 million in initial consideration plus $180 million in contingent consideration but which resulted in litigation with both sides claiming the other engaged in fraud and breach of contract.Omar Sharif Amanat is the founder of Tradescape, a now defunct day-trading brokerage and technology firm that was once listed in the "Top 100 Companies in the United States" by the Red Herring magazine.Since then he is involved in film industry financing
Edited sentence: Amanat is a businessman and entrepreneur who founded several film and financial technology companies including Tradescape, a brokerage and technology firm that is reported to have processed 7% of NASDAQ's daily trading volume, and was named one of the "Top 100 Companies in the United States" by the Red Herring magazine with annual revenues of over $250 million.E*Trade acquired Tradescape for $276.2 million in total consideration including $96.2 million in initial consideration plus $180 million in contingent consideration.He began his entrepreneurial career at Datek Online, a pioneer in online brokerage services which merged with Ameritrade for $1.3 Billion.He subsequently founded several film companies and became an Executive Producer of films with Ebay co-founder Jeff Skoll including the Academy Award nominated The Visitor, George Clooney's documentary about the Darfur genocide entitled Darfur Now, Smart People starring Sarah Jessica Parker and Dennis Quaid, and The Mysteries of Pittsburgh starring Sienna Miller and Nick Nolte among other movies.He went on to co-design the trading platform Cybertrader with Philip Berber which was acquired by Charles Schwab for $488 million.Omar S