Marshall & Ilsley Launches $400M Share Offering

Marshall & Ilsley Corporation (NYSE: MI - News; M&I) announced today that it has commenced a public offering of $400 million of its common stock for sale to the public. The underwriters in this offering will be granted an option to purchase up to an additional 15 percent of the shares sold. Morgan Stanley & Co. Incorporated and Barclays Capital Inc. are acting as joint book-runners for the offering.