First Horizon outlines risks associated with TD merger
Both banks have said they remain committed to closing the deal
First Horizon and Toronto-Dominion Bank need to receive regulatory approval from U.S. oversight authorities before the merger is finalized. (Charles Krupa/AP Photo file)
Both banks have to receive regulatory approval from U.S. oversight authorities, and according to First Horizon, the process is taking longer than anticipated, even as they remain committed to the deal.
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Rob Moore
Rob Moore covers North Mississippi for The Daily Memphian. He holds a B.A. and an M.A. in English from The University of Memphis.
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