October 24, 2016 / 10:22 AM / a year ago

BRIEF-TD Bank group to acquire Scottrade Bank

Oct 24 (Reuters) - Toronto-dominion Bank :

* Toronto-Dominion Bank says intends to fund transaction with internal resources

* Toronto-Dominion Bank says under terms of proposed acquisition, Scottrade Bank will merge with TD Bank, N. A.

* Toronto-Dominion Bank says TD currently estimates that it will recognize $175 million of goodwill related to acquisition of Scottrade Bank Source text for Eikon: Further company coverage:

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