Deal snapshot: TD to Acquire US Investment Bank Cowen in USD 1.3bn Deal.
MANews-(C)2009-2022
Canadian financial services group TD Bank Group (TSX: TD) and (NYSE: TD) and US-based investment banking firm Cowen Inc. (NASDAQ: COWN) have inked a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at USD 1.3bn, or USD 39 for each share of Cowen common stock, the companies said.
Cowen provides investment banking, research, sales and trading, prime...
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