Toronto-Dominion Bank, First Horizon Call Off Merger

Wall Street Journal, Vipal MongaFollow, Adriano Marchese (subscription)
TD ran into hurdles getting regulators to sign off on the deal, announced in February 2022. The Canadian lender said it couldn’t be sure when or if it would get the necessary approvals, so the two banks decided to terminate the deal.
https://www.wsj.com/articles/toronto-dominion-bank-first-horizon-terminate-merger-agreement-38d58b35?mod=hp_lead_pos3