M&I filing may pave way for acquisitions
Marshall & Ilsley Corp. recently filed a registration statement with the U.S. Securities & Exchange Commission covering an aggregate of up to 6 million shares that could be sold to fund possible future acquisitions by M&I and its subsidiaries. The registration statement replaces a previous registration statement that was no longer available after M&I’s spinoff of Metavante Corp. last November. The acquisition shelf registration statement will enable Marshall & Ilsley to issue shares of its common stock in one or more possible future acquisition transactions. The transactions may include the acquisition of assets, businesses or securities, whether by purchase, merger or any other form of business combination. The company has no current commitment to issue any of the shares registered.
