First Horizon Corporation · NYSE:FHN
First Horizon — First Horizon National — Merger or Acquisition (October 2014)
4 slides from First Horizon's merger presentation, Oct 22, 2014
Slide 1: First Horizon Announces Acquisition of TrustAtlantic Financial
First Horizon Announces Acquisition of TrustAtlantic Financial October 22, 2014
Slide 2: Important Additional Information
2 Important Additional Information In connection with the proposed merger, First Horizon will file a Registration Statement on Form S - 4 that will include a proxy s tatement of TrustAtlantic Financial and a prospectus of First Horizon and other relevant documents concerning the proposed merger with
Slide 3: Strategic Acquisition of TrustAtlantic Financial
Strategic Acquisition of TrustAtlantic Financial 3 1 Based on FHN’s ten day volume weighted average price of $11.94 as of October 15, 2014 2 Exchange ratio subject to potential adjustments as provided in the agreement 3 As of September 30, 2014 4 As of June 30, 2014 Financial Highlights 3 ($ million
Slide 4: Accelerating Build Out of Attractive Raleigh Market
First Horizon TrustAtlantic Accelerating Build Out of Attractive Raleigh Market 4 Raleigh Memphis Nashville Knoxville Chattanooga Median Household Income 2014 $61,300 $45,334 $50,439 $44,405 $41,704 2019 Projected $64,416 $45,775 $52,881 $46,613 $41,884 CAGR 1.2% 0.2% 1.2% 1.2% 0.1% Population 2014
First Horizon National — Merger or Acquisition (October 2014) on 6ix