TD Bank Group (TSX: TD) announced this morning the definitive agreement to acquire First Horizon Corporation (NYSE: FHN). The all-cash transaction is reportedly valued at US$13.4 billion. The acquisition price equates to US$25.00 per First Horizon common share. While the US bank last traded at US$18.25, its shares jumped by more than 32% pre-market today–trading … Continue reading First Horizon Shares Jump 32% As TD Announces US$13.4 Billion All-Cash Acquisition Deal