Marshall & Ilsley Corporation Completes Acquisition of First Indiana Corporation
January 02 2008 - 9:55AM
PR Newswire (US)
MILWAUKEE, Jan. 2 /PRNewswire-FirstCall/ -- Marshall & Ilsley
Corporation (NYSE:MI) (M&I) announced today the completion of
its acquisition of Indianapolis-based First Indiana Corporation
(NASDAQ:FINB). First Indiana, with $2.1 billion in consolidated
assets, has 32 branches in Central Indiana. First Indiana
shareholders will receive $32 in cash for each share of First
Indiana common stock. Marshall & Ilsley Corporation (NYSE:MI)
is a diversified financial services corporation headquartered in
Milwaukee, Wis. Founded in 1847, M&I Marshall & Ilsley Bank
is the largest Wisconsin-based bank, with 193 offices throughout
the state. In addition, M&I has 49 locations throughout
Arizona; 30 offices along Florida's west coast and in central
Florida; 14 offices in Kansas City and nearby communities; 22
offices in metropolitan Minneapolis/St. Paul, and one in Duluth,
Minn.; and one office in Las Vegas, Nev. M&I's Southwest Bank
subsidiary has 17 offices in the greater St. Louis area. M&I
also provides trust and investment management, equipment leasing,
mortgage banking, asset-based lending, financial planning,
investments, and insurance services from offices throughout the
country and on the Internet (http://www.mibank.com/ or
http://www.micorp.com/). M&I's customer-based approach,
internal growth, and strategic acquisitions have made M&I a
nationally recognized leader in the financial services industry.
DATASOURCE: Marshall & Ilsley Corporation CONTACT: Greg Smith,
+1-414-765-7727, or Dave Urban, +1-414-765-7853, both of Marshall
& Ilsley Corporation Web site: http://www.micorp.com/
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