Similar Stories to 10 Regional Banks That Remain Takeover Targets on Bing News

NEW YORK(TheStreet) -- Bank of Montreal's agreement on Friday to take over Marshall & Ilsley Corp. for a 34% premium to Thursday's closing price illustrates just how hot the market is getting for regional M&A. If you consider that the acquirer will have to pay the government $1.7 billion to settle M&I's bailout bill, some of the coming M&A deals will fetch even higher premiums. "This is really an interesting deal that may play out into the way people evaluate fair values to loans," said Chip MacDonald, a partner at Jones Day.

Topics:  york(thestreet     bank   montreal   marshall    ilsley   corp   chip macdonald   jones day macdonald   u.s    rf   m&a   click   regional   banks   price   closing   deal   market   
BING NEWS:
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