Bull & Lifshitz, LLP Announces Investigation of the Acquisition of Marshall & Ilsley Corporation
18 December 2010 - 1:01PM
Business Wire
Bull & Lifshitz, LLP announces an investigation into
possible breaches of fiduciary duty in connection with the proposed
acquisition of Marshall & Ilsley Corporation (NYSE: MI - News)
(referred to as "M&I" or the “Company”) to BMO Financial Group
in a stock for stock transaction valued at approximately US$4.1
billion.
Under the terms of the agreement, each outstanding share of
M&I will be exchanged for 0.1257 shares of Bank of Montreal
upon closing. Based on the closing share price of Bank of Montreal
on the TSX of C$62.05 on December 16, 2010, the transaction values
each share of M&I at US$ 7.75.
Bull & Lifshitz, LLP's investigation is focused on whether
the proposed deal provides adequate value to the Company’s
shareholders. If you are a holder of M&I stock and want to
discuss your legal rights, you may e-mail or call Bull &
Lifshitz, LLP who will, without obligation or cost to you, attempt
to answer your questions.
If you are a shareholder of M&I and would like more
information about our investigation, please contact Peter D. Bull,
Esq. by telephone at (866) 313-6222 or by sending an e-mail
including your contact information to: counsel@nyclasslaw.com. All
e-mail correspondence should make reference to M&I.
Bull & Lifshitz, LLP is a New York City-based law firm with
significant experience representing investors in merger-related
shareholder class actions, shareholder derivative actions, and
securities fraud class actions. For more information about the
firm, please visit our website at www.nyclasslaw.com.
ATTORNEY ADVERTISING. © 2010 Bull & Lifshitz,
LLP. The law firm responsible for this advertisement is Bull &
Lifshitz, LLP, 18 East 41st Street, New York, New York 10017, (212)
213-6222. Prior results do not guarantee or predict a similar
outcome with respect to any future matter.
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