Marshall & Ilsley Corporation Commences Stock Offering
November 29 2004 - 3:56PM
PR Newswire (US)
Marshall & Ilsley Corporation Commences Stock Offering
MILWAUKEE, Nov. 29 /PRNewswire-FirstCall/ -- Marshall & Ilsley
Corporation (M&I) (NYSE:MI) today commenced a public offering
of 3,599,700 shares of common stock. The net proceeds of the
offering will be approximately $150 million. M&I intends to use
the proceeds for general corporate purposes, including maintaining
capital at desired levels and providing long-term financing for
recently completed acquisitions by Metavante Corporation, M&I's
financial technology subsidiary. The managing underwriters for the
offering are Citigroup Global Markets, Inc. and Robert W. Baird
& Co. Incorporated. A copy of the final prospectus can be
obtained from Citigroup Global Markets, Inc., Attention: Prospectus
Department, 140 58th Street, 8th Floor, Brooklyn, New York, 11220,
or by calling (718) 765-6732. Marshall & Ilsley Corporation
(NYSE:MI) is a diversified financial services corporation
headquartered in Milwaukee, Wis., with $39.0 billion in assets.
Founded in 1847, M&I Marshall & Ilsley Bank has the largest
banking presence in Wisconsin with 196 offices throughout the
state. In addition, M&I has 33 locations throughout Arizona; 11
offices in metropolitan Minneapolis/St. Paul, and one location in
Duluth. Minn.; Las Vegas, Nev.; and Naples and Bonita Springs, Fla.
M&I's Southwest Bank affiliate has six offices in the St. Louis
area, and one office in Belleville, Ill. Metavante Corporation,
Marshall & Ilsley Corporation's wholly owned technology
subsidiary, provides virtually all of the technology an
organization needs to offer financial services. 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: John
Presley, chief financial officer of Marshall & Ilsley
Corporation, +1-414-765-7833 Web site: http://www.micorp.com/
http://www.mibank.com/
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