The firm is representing TD Bank Group in connection with its announced acquisition of Epoch Holding Corporation for $28.00 per share in cash. The transaction is valued at approximately $668 million. Epoch Holding’s subsidiary, Epoch Investment Partners, Inc., provides investment management and investment advisory services to institutional, sub-advisory and high net worth clients. With the acquisition of Epoch, TD expects to add approximately $24 billion in assets under management to the $207 billion already under management by TD Asset Management. The transaction is expected to close in the first half of 2013, subject to satisfaction of customary closing conditions.
The Simpson Thacher team includes: Lee Meyerson, Anthony Vernace, Michael Juhlin and Audra Amarosa (M&A); Andrea Wahlquist and Samantha Shipp (Executive Compensation and Employee Benefits); Steve Todrys, Jon Goldstein, Danny Salinas and Vanessa Cohen (Tax); Sarah Cogan (Investment Management); and Lori Lesser and Jodie Pimentel (Intellectual Property). Valuable assistance was also provided by Ravi Agarwal and Nicole Tague.
