Are You Up to Speed on TD's Cancelled $13
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Questions and Answers

What was the reason for TD cancelling the acquisition of First Horizon Corp?

  • The collapse of the U.S. regional banking industry
  • Pressure from investors to abandon the purchase
  • A lack of clarity regarding regulatory approvals (correct)
  • The ongoing banking turmoil

    • What would have been the result of TD's acquisition of First Horizon Corp?

  • TD would have lost its stake in Charles Schwab
  • TD would have become the largest U.S. bank
  • TD would have become the sixth-largest U.S. bank (correct)
  • TD would have acquired Charles Schwab

    • What concerns might TD shareholders have following the cancelled acquisition of First Horizon Corp?

  • TD's investment in Cowen Inc
  • TD's acquisition strategy
  • TD's exposure to U.S. markets
  • TD's ability to invest in the U.S. market (correct)

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