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TD and First Horizon cancel $13.4B deal.
First Horizon Corp and Toronto-Dominion Bank Group Call Off $13.4 Billion Deal
In a statement released on Thursday, First Horizon Corp and Toronto-Dominion Bank Group announced that they have decided to call off their $13.4 billion deal. The reason for the termination was due to the lack of clarity on whether or not they would receive regulatory approvals to close the deal.
Termination Agreement Details
- TD will pay 0 million to First Horizon as part of the termination agreement.
This news comes as a disappointment to both parties involved, but they remain committed to their customers and shareholders.
Read More From Original Article Here: TD, First Horizon call off $13.4 billion deal
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