TD Bank will buy First Horizon Bank in a $13.4 billion deal, making it the sixth largest bank in the U.S. The acquisition gives TD a footprint in the Southeastern U.S. (Tennessee, Louisiana, Florida, the Carolinas, Virginia) and into Texas.
This might make a difference over time on the bonus front as well with TD Bank bonuses and credit cards potentially becoming available to more people. We have seen bank bonuses from First Horizon bank in the past as well.