Acquisition History / TD Banknorth / Commerce Bancorp
TD Banknorth Acquires Commerce Bancorp
Announced January 2008 — $8.50B
What happened
Commerce Bancorp was a company, acquired by TD Banknorth for $8.5 billion.
- Acquirer
- TD Banknorth
- Target
- Commerce Bancorp
- Announced
- January 2008
- Price
- $8.50B
- Buyer type
- Strategic acquirer
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did TD Banknorth acquire Commerce Bancorp?
TD Banknorth acquired Commerce Bancorp on January 2008. This was TD Banknorth's 1st publicly tracked acquisition out of 1 we have on record.
How much did TD Banknorth pay for Commerce Bancorp?
TD Banknorth paid $8.50B for Commerce Bancorp.
What does Commerce Bancorp do?
Commerce Bancorp was a company, acquired by TD Banknorth for $8.5 billion.