Lawmakers seeking to block First Horizon-TD Bank merger.
M2 EQUITYBITES-June 16, 2022--Lawmakers seeking to block First Horizon-TD Bank merger
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Global Banking News - 16 June 2022
A group of lawmakers are said to be trying to block the merger of US-based First Horizon with TD Bank (TSX:TD), CommercialAppeal has reported.
Three federal lawmakers are believed to have written to the US Office of the Comptroller of the Currency seeking a block on the USD13.4bn deal. The lawmakers said that they wanted the deal to be blocked because of TD Bank's alleged 'abusive' practices. The deal is expected to...
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