TD sees value in First Horizon deal as shareholders grill CEO

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TD sees value in First Horizon deal as shareholders grill CEO
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Toronto-Dominion Bank still sees value in its planned $13.4 billion takeover of First Horizon Corp , TD's chief executive officer said on Thursday, as several shareholders asked him about abandoning or renegotiating the deal.

, TD's chief executive officer said on Thursday, as several shareholders asked him about abandoning or renegotiating the deal.

"We've outlined very clearly and I've said that many times before. That's why we are into extension discussions with First Horizon." Masrani declined to comment when asked if TD was committed to reviewing financial terms or walking away from the deal.TD to ditch the deal after the collapse of Silicon Valley Bank and Signature Bank in March triggered a crisis of confidence.

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