Thursday, June 28, 2007

UDPATE 2-Hedge funds seek TD Ameritrade talks on deals

(Reuters) - Jana Partners and S.A.C. Capital Advisors LLC said in a
letter that Toronto-Dominion Bank directors on TD
Ameritrade's board should be prevented from "playing a
significant role in such discussions."




The letter specifically mentioned TD Bank Chief Executive
and TD Ameritrade board member W. Edmund Clark and said "the
board must remove Mr. Clark from this role and empower the
independent directors to reach out and lead discussions with
potential strategic partners."


Read more at Reuters.com Mergers News

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