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Marshall & Ilsley Corporation to Acquire First Indiana Corporation
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Marshall & Ilsley Corporation to Acquire First Indiana Corporation
MILWAUKEE and INDIANAPOLIS, July 9, 2007 -- Marshall & Ilsley Corporation (NYSE: MI) (M&I) and First Indiana Corporation (Nasdaq: FINB) (First Indiana) today announced they have signed a definitive agreement for Marshall & Ilsley Corporation to acquire First Indiana Corporation. Under the agreement, Marshall & Ilsley Corporation will purchase First Indiana Corporation for $32 per share in cash or an aggregate of approximately $529 million.
| Marshall & Ilsley Corporation / First Indiana Corporation |
| Related Institutions |
| Bank / Thrift |
HC |
Assets(000) |
Asset Concentration |
| M&I Marshall and Ilsley Bank |
M&I |
48,648,449 |
Commercial Lending Specialization |
| Southwest Bank of St. Louis |
M&I |
4,146,734 |
Commercial Lending Specialization |
| First Indiana Bank, National Association |
FI |
2,119,709 |
Commercial Lending Specialization |
| M & I Bank FSB |
M&I |
1,079,295 |
Mortgage Lending Specialization |
| M&I Bank of Mayville |
M&I |
3,694 |
Other Specialized Lending < 1 Billion |
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