EPHC, Epoch Holding Corporation
EPHC reported that it has entered into a merger agreement with TD Bank Group. The common stock of EPHC, the parent of Epoch Investment Partners, Inc., will be acquired by TD Bank Group for cash consideration of approximately $668 million. EPHC stockholders will receive $28.00 in cash per share, representing a premium of approximately 28% to Epoch�s closing price on December 5, 2012.
EPHC‘s Board of Directors unanimously recommended this transaction to their stockholders for approval.
EPHC conducts its operations through Epoch Investment Partners, Inc., a wholly-owned subsidiary and a registered investment adviser under the Investment Advisers Act of 1940, as amended. Investment management and investment advisory services are the Company’s sole line of business.
More about EPHC at www.eipny.com.
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