Monday, January 7, 2008

TD Bank & Commerce Bancorp Amend Deal

Reuters, 7 January 2008Commerce Bancorp Inc , New Jersey's largest bank, on Monday said it has settled shareholder lawsuits over its planned $8.5 billion acquisition by Canada's Toronto-Dominion Bank , and said it expects fourth-quarter credit losses to increase.In a regulatory filing, Cherry Hill-based Commerce said it reached an agreement that would reduce the fee it would pay if it backed out

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