Monday, July 9, 2007

UPDATE 1-Marshall & Ilsley agrees to buy First Indiana

(Reuters) - The offer amounts to $32 a share, or 45 percent higher than
First Indiana's closing share price of $22.05 on Friday.




The deal is expected to hurt Marshall & Ilsley's earnings
by about 2 cents a share in the first year after close and add
to earnings thereafter.


Read more at Reuters.com Mergers News

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