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TD Bank and First Horizon terminate $13.4bn merger

TD Bank branch
Photo: Joe Raedle/Getty Images

TD Bank walks way from deal blaming uncertainty caused by regulators.

The lack of a timetable for regulatory approval is being blamed for the collapse of a merger between TD Bank and First Horizon that would have created the sixth biggest bank in the US.

In a statement issued Thursday, TD Bank said: “Because there is uncertainty as to when

Canada’s

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