Gold Banc Shareholders Approve Merger Agreement with M&I
January 25 2006 - 12:08PM
Business Wire
Gold Banc Corporation, Inc. (Nasdaq:GLDB) today announced that its
shareholders approved the merger agreement with Marshall &
Ilsley Corporation (M&I) (NYSE:MI) pursuant to which Gold Banc
would merge with and into M&I and Gold Banc's shareholders
would receive a combination of cash and shares of M&I common
stock having an aggregate value of approximately $18.50 per share.
The closing of the merger is subject to receipt of regulatory
approvals and is expected to occur in the first or second quarter
of 2006. Gold Banc is a $4.1 billion financial holding company
headquartered in Leawood, Kansas, a part of the Kansas City
metropolitan area. Gold Banc provides banking and asset management
services in Florida, Kansas, Missouri and Oklahoma through 32
banking locations. Gold Banc is traded on the NASDAQ under the
symbol GLDB.
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