Toronto bank to buy Commerce Bancorp
TD Bank Financial Group of Toronto will acquire Commerce Bancorp Inc. for $8.5 billion in an effort to expand its presence in the United States.
TD Bank Financial Group of Toronto will acquire Commerce Bancorp Inc. for $8.5 billion in an effort to expand its presence in the United States.
The deal to purchase the Cherry Hill, N.J.-based bank in a 75% stock and 25% cash transaction, will mean that TD will take a one-time pretax restructuring
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