TORONTO (

TheStreet

) -

BMO Financial

(BMO) - Get Report

agreed to buy

Marshall & Ilsley

( MI) for $4.1 billion.

The deal values each share of Marshall & Ilsley at $7.75. The stock closed at $5.79 on Thursday.

-- Written by Joseph Woelfel

>To contact the writer of this article, click here:

Joseph Woelfel

>To submit a news tip, send an email to:

tips@thestreet.com

.