FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

TD and First Horizon Extend Outside Date of Proposed Merger to May 27, 2023

Date: Feb 10, 2023 @ 07:53 AM
Filed Under: Banking News

TD Bank Group and First Horizon Corporation have mutually agreed to extend the outside date of their proposed transaction from February 27 to May 27, 2023, in accordance with the terms of the merger agreement.

TD and First Horizon are fully committed to the merger and continue to make significant progress in planning for the closing and the integration of the companies. Shareholders of First Horizon have voted overwhelmingly to approve the transaction, and progress is being made on a Community Benefits Plan in support of local communities across the TD and First Horizon footprints in the U.S.

Customary closing conditions, including approvals from regulatory authorities in the U.S. and Canada, are required to close the transaction.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.