Deals
BMO Agrees to Buy Marshall & Ilsley for $4.1 Billion
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Bank of Montreal, Canada’s fourth-biggest bank by assets, agreed to buy Wisconsin’s Marshall & Ilsley Corp. for $4.1 billion to expand in the U.S.
The deal values Marshall & Ilsley at $7.75 a share, compared with yesterday’s closing price of $5.79 on the New York Stock Exchange, Toronto-based BMO said today in a statement.