Law Offices of Howard G. Smith Announces Investigation On Behalf of Shareholders of Marshall & Ilsley Corporation, in Connect...
21 December 2010 - 10:39AM
Business Wire
Law Offices of Howard G. Smith announces that it is
investigating potential claims against the board of directors of
Marshall & Ilsley Corporation (“Marshall & Ilsley” or the
“Company”) (NYSE:MI) related to the Company’s agreement to be
acquired by BMO Financial Group in a proposed stock-for-stock
transaction.
Under the terms of the definitive agreement entered into by the
parties, each outstanding share of Marshall & Ilsley common
stock will be exchanged for 0.1257 shares of BMO. The transaction
values each Marshall & Ilsley share at approximately $7.75. The
investigation concerns possible breaches of fiduciary duty and
other violations of law related to approval of the proposed
transaction by Marshall & Ilsley’s board of directors.
If you are a shareholder of Marshall & Ilsley, if you have
information or would like to learn more about these claims, or if
you wish to discuss these matters or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Howard G. Smith, Esquire, of Law Offices of
Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem,
Pennsylvania 19020 by telephone at (215) 638-4847, Toll Free at
(888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or
visit our website at http://www.howardsmithlaw.com.
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