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Colonnade advises Toronto-Dominion on its sale of Flatiron to Wells Fargo

May 2008 SAN FRANCISCO, PRNewswire-FirstCall/ -- Wells Fargo & Company (NYSE: WFC) and Flatiron Credit Company announced that Wells Fargo Bank, N.A. has acquired the business of Flatiron and its operating subsidiaries. Flatiron was a subsidiary of TD Banknorth, N.A. and is one of the nation’s largest insurance premium finance companies. Terms of the transaction were not disclosed. Colonnade Securities LLC advised Flatiron and Toronto-Dominion (TSX, NYSE: TD). Founded in 1995 by its two principals, Robert Pinkerton and Bruce Lundy, Flatiron Credit Company, including its operating subsidiary Flatiron Capital Corp., is the seventh largest premium finance company in the United States. It … [Read more...]

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