TD Bank in talks to extend First Horizon merger deadline
TD CEO affirms that the deal is unlikely to close by the May 27 deadline but talks with First Horizon remain open.
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TD CEO affirms that the deal is unlikely to close by the May 27 deadline but talks with First Horizon remain open.
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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