Kendall Law Group Investigates Marshall & Ilsley Corp. Acquisition for Shareholders

Kendall Law Group, led by former federal judge Joe Kendall, is investigating Marshall & Ilsley Corp. (NYSE: MI) for shareholders in connection with the proposed acquisition by Bank of Montreal. The national securities firm’s investigation seeks to determine whether Marshall & Ilsley and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders. If you are a Marshall & Ilsley shareholder and would like additional information about your rights, contact the Kendall Law Group at 877-744-3728 or by email at [e-mail].

On December 17, 2010, the companies announced the definitive merger agreement under which Marshall & Ilsley would be acquired by Bank of Montreal, in a transaction valued at approximately $4.1 billion. Under the terms of the agreement, Marshall & Ilsley stockholders will receive 0.1257 shares of Bank of Montreal for each share of Marshall & Ilsley/MI common stock. The deal values Marshall & Ilsley at US$7.75 a share based on the Dec. 16, 2010 closing share price of Bank of Montreal on the TSX. According to Thompson/First Call, analysts have set a price target as high as $9.50 per share for Marshall & Ilsley stock. Due to these factors, the firm believes the transaction significantly undervalues the company.

Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.