TD Receives Regulatory Approval to Acquire Cowen Inc.

TORONTO and NEW YORK, Feb. 24, 2023 /PRNewswire/ - TD Bank Group ("TD") (TSX: TD) (NYSE: TD) and Cowen Inc. ("Cowen") (NASDAQ: COWN) today announced they have received all regulatory approvals required under their merger agreement to complete TD's acquisition of Cowen. With this step completed, TD expects the acquisition to close on March 1, 2023, subject to the satisfaction of other customary closing conditions.

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