Toronto-Dominion Bank acquiring Memphis-based First Horizon
First Horizon Bank downtown headquarters on Wednesday, Nov. 6, 2019. First Horizon has been sold for $13.4 billion. (Mark Weber/Daily Memphian file)
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.
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First Horizon Toronto-Dominion Bank Bryan JordanRob 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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