December 21, 2010, 7:47 am Mergers & Acquisitions

Toronto-Dominion Clinches Deal for Chrysler Financial

By MICHAEL J. DE LA MERCED
7:47 a.m. | Updated

Toronto-Dominion Bank on Tuesday agreed to buy Chrysler Financial from the private equity firm Cerberus Capital Management for $6.3 billion.

The deal comprises ‚Äúnet assets of $5.9 billion and approximately $400 million in goodwill,‚Ä