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Bullboard - Stock Discussion Forum Toronto-Dominion Bank TDOPF


Primary Symbol: T.TD Alternate Symbol(s):  T.TD.PF.C | T.TD.PF.D | TDOMF | T.TD.PF.E | T.TD.PF.I | T.TD.PF.J | TDBCP | TD | TDBKF | T.TD.PF.A

The Toronto-Dominion Bank (the Bank) operates as a bank in North America. The Bank's segments include Canadian Personal and Commercial Banking, U.S. Retail, Wealth Management and Insurance, and Wholesale Banking. Its Canadian Personal and Commercial Banking segment offers a full range of financial products and services to approximately 15 million customers in the Bank’s personal and commercial... see more

TSX:TD - Post Discussion

Toronto-Dominion Bank > Market Movers
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Post by retiredcf on Mar 01, 2023 11:03am

Market Movers

First Horizon Corp. (FHN-N) plummeted after revealing it has been informed by Toronto-Dominion Bank  that the necessary regulatory approvals for its pending merger will not be received by the May 27 termination date and “that TD cannot provide a new projected closing date at this time.” 

“TD has initiated discussions with FHN regarding a potential further extension of the outside date,” it said in a 10-K regulatory filing. “There can be no assurance that an extension will ultimately be agreed or that TD will satisfy all regulatory requirements so that the regulatory approvals required to complete the Pending TD Merger will be received.”

TD is set to close first-quarter earnings season for Canadian banks on Thursday before the bell.

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