Wilmington Trust (WL +12%) shares surge on a report that the bank has been contacting large...

|By:, SA News Editor

Wilmington Trust (WL +12%) shares surge on a report that the bank has been contacting large Canadian lenders in recent weeks to gauge their interest in buying the company. Wilmington has told Bank of Montreal (BMO -0.7%), Toronto Dominion Bank (TD -0.8%) and other potential buyers that it wants to reach a deal by the end of the month.