|Bid||63.50 x 2200|
|Ask||65.00 x 800|
|Day's range||64.56 - 65.18|
|52-week range||58.64 - 86.02|
|Beta (5Y monthly)||0.89|
|PE ratio (TTM)||10.35|
|Earnings date||25 Aug 2022|
|Forward dividend & yield||2.75 (4.26%)|
|Ex-dividend date||07 July 2022|
|1y target est||82.94|
Yahoo Finance Live anchors discuss TD Bank seeking to buy investment bank Cowen and reports that makeup giant Estée Lauder is exploring a Tom Ford deal.
TD Bank Group ("TD") (TSX: TD) and (NYSE: TD) and Cowen Inc. ("Cowen") (NASDAQ: COWN) today announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long-term growth strategy in the United States by acquiring a high-quality and rapidly growing investment bank with outstanding talent and highly complementary products and services.
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