Description:Â Toronto-Dominion Bank may continue to make acquisitions in the U.S. after increasing its bet there with the $6.3 billion purchase of Chrysler Financial Corp., capping a record quarter for U.S. takeovers by Canadian lenders.
Source:Â Businessweek.com
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Date: 12/22/2010
Questions for discussion:Â
- Summarize the possible strategic thinking behind the TD bank’s acquisitions.
- Do you think this strategy makes sense as a means to grow the banks North American operations?
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