Because the Canadian bank pulled the plug on its takeover of Memphis-based First Horizon, a deal it negotiated with community groups won't take effect. Still, community groups are asking TD to uphold portions of the agreement.
TD says it reached a mutual agreement with First Horizon to terminate the acquisition because of the uncertainty as to when and if it would be able to obtain regulatory approval.
TD says it reached a mutual agreement with First Horizon to terminate the acquisition because of the uncertainty as to when and if it would be able to obtain regulatory approval.