U.S. investment firm Cowen Inc. in an all-cash transaction valued at CAD $1.67 billion, or CAD $50 for each share of Cowen common stock.
TD says once the transaction closes, Cowen chair and CEO Jeffrey Solomon will join the senior leadership of TD Securities.
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TD Bank to buy U.S. investment firm Cowen for $1.3 billionTD Bank says it will acquire Cowen Inc., a U.S. investment firm, in an all\u002Dcash transaction valued at US$1.3 billion. Read on
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TD Bank to buy U.S. investment firm Cowen for $1.3 billionTD Bank says it will acquire Cowen Inc., a U.S. investment firm, in an all\u002Dcash transaction valued at US$1.3 billion. Read on
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TD buying Cowen for US$1.3-billion in bid to speed up U.S. investment bank expansionTD will pay the purchase price of the independent, New York-based dealer in cash
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TD buying Cowen for US$1.3B in U.S. investment banking push - BNN BloombergThe Toronto-Dominion Bank confirmed Tuesday morning that it has agreed to buy Cowen Inc. in its latest U.S. takeover.
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