Toronto-Dominion Bank (TD) and BB&T (BBT) reportedly submitted preliminary bids late...

|About: Toronto-Dominion Bank (TD)|By:, SA News Editor

Toronto-Dominion Bank (TD) and BB&T (BBT) reportedly submitted preliminary bids late yesterday to buy BankUnited (BKU), which was put up for sale last week and is expected to fetch over $2B. The suitors want to expand in Florida despite its real-estate turmoil and other problems.