CompletedFinancial Services2 August 2022

The Toronto-Dominion Bank to acquire Cowen Inc.

Verified deal facts, source-backed narrative, and the Exit Mode founder lens for SME readers preparing to sell.

Deal facts

Buyer
The Toronto-Dominion Bank
Target
Cowen Inc.
Deal value
Not disclosed
Announced
2 August 2022
Status
Completed
Sector
Financial Services
Country
United States
Consideration
cash
What we know

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Deal timeline

1 update
  1. CompletedClosed

    The Toronto-Dominion Bank completes acquisition of Cowen Inc.

    Introductory Note. On March 1, 2023 (the “ Closing Date ”), Cowen Inc., a Delaware corporation (the “ Company ”), completed the previously announced merger of Crimson Holdings Acquisition Co., a Delaware corporation (“ Merger Sub ”) and an indirect wholly owned subsidiary of The Toronto-Dominion Bank, a Canadian chartered bank (“ Parent ”), with and into the Company (the “ Merger ”), with the Comp

    Source

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Buyer history

The Toronto-Dominion Bank

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Methodology

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