TD Banknorth to Buy Interchange for U$480.6 Million

The Globe and Mail, Sinclair Stewart, 14 April 2006Ed Clark has pulled the trigger on his third cross-border acquisition in less than two years, bucking conventional wisdom that U.S. expansion has become prohibitively expensive for Canadian banks.TD Banknorth Inc., the Portland, Me.-based subsidiary of Toronto-Dominion Bank, announced yesterday it is buying Interchange Financial Services Corp. of