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Article: WEEK IN REVIEW
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- July 15, 2007
CopyrightCopyright 2007 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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FINANCE
Banks go on buying spree
It was a week for bank acquisitions. Marshall & Ilsley Corp.
announced plans to buy First Indiana Corp. for $529 million in cash
in a move that will add Indianapolis to M&I's full-service banking
territory. BMO Financial Group, Toronto-based parent company of
Harris Bank, agreed to buy Ozaukee Bank, of Cedarburg, for $190
million in stock and Merchants & Manufacturers Bancorporation Inc.,
of New Berlin, for $137.2 million in cash. Madison's Anchor BanCorp
Wisconsin Inc. will acquire S&C Bank, of New Richmond, for an
undisclosed price.
Fund to finance high-tech start-ups
Venture Investors LLC has raised $115 million for a fund that
will mine research ...