Toronto-Dominion Bank acquiring Memphis-based First Horizon

By , Daily Memphian Updated: March 01, 2022 1:08 PM CT | Published: February 28, 2022 8:20 AM CT

A Canadian banking and financial firm will pay $25 a share, a 37% premium on FHN’s last close. Shares of the Memphis-based financial institution were up nearly 32% in early trading.


First Horizon Toronto-Dominion Bank Bryan Jordan
Rob Moore

Rob Moore

Rob Moore is an Arkansas native who moved to Memphis to attend the University of Memphis. He holds a B.A. and an M.A. in English. He covers Public Companies, Transportation and Logistics, and Banking and Finance.


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